TORONTO, July 23, 2026 (GLOBE NEWSWIRE) -- Tilray Brands, Inc. ("Tilray" or the "Company") (Nasdaq: TLRY; TSX: TLRY), a global lifestyle and consumer packaged goods company at the forefront of the cannabis, wellness, and beverage industries, today announced the launch of ZONNA, a new cannabis brand introducing fast-acting THC pouches designed for adult consumers seeking a discreet, smoke-free, and convenient cannabis experience.
Launching with Bubble Pink, ZONNA combines innovative Capsoil™ technology with a portable pouch design to deliver a fast-acting experience. Designed to fit comfortably between the gum and lip, the compact pouches offer a discreet and odor-free alternative to traditional cannabis consumption methods.
Blair MacNeil, President, Tilray Canada, stated, "Consumer demand is redefining what cannabis can be, and Tilray is leading that evolution through innovation that expands choice for adult consumers. As preferences move toward products that are discreet, convenient, precise, and smoke-free, ZONNA reflects our ability to anticipate where the category is going and deliver differentiated experiences that meet consumers there. By combining fast-acting Capsoil™ technology with a controlled-dose pouch, we are expanding choice, creating new occasions for cannabis consumption, and reinforcing Tilray’s leadership in bringing forward products that move the industry forward."
Each ZONNA pouch contains 10 mg THC, providing a precise and controlled dose while eliminating much of the uncertainty associated with other consumption formats. The launch format includes 15 pouches per container (150 mg THC per pack) and features a child-resistant puck with separate compartments for unused and used pouches, supporting convenient and responsible disposal.
ZONNA Bubble Pink THC Pouches are now available through licensed cannabis retailers across Canada where cannabis products are sold. Follow ZONNA on Instagram to stay up to date.
Canadian cannabis products are produced and distributed by Aphria Inc., a licensed producer under the Cannabis Act.
About Tilray Brands
Tilray Brands, Inc. (“Tilray”) (Nasdaq: TLRY; TSX: TLRY), is a leading global lifestyle and consumer packaged goods company with operations in Canada, the United States, Europe, Australia, and Latin America that is leading as a transformative force at the nexus of cannabis, beverage, wellness, and entertainment, elevating lives through moments of connection. Tilray’s mission is to be a leading premium lifestyle company with a house of brands and innovative products that inspire joy and create memorable experiences. Tilray’s unprecedented platform supports over 40 brands in over 20 countries, including comprehensive cannabis offerings, hemp-based foods, and craft beverages.
For more information on how we are elevating lives through moments of connection, visit Tilray.com and follow @Tilray on all social platforms.
Forward-Looking Statements
Certain statements in this communication that are not historical facts constitute forward-looking information or forward-looking statements (together, “forward-looking statements”) under Canadian and U.S. securities laws and within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, that are intended to be subject to the “safe harbor” created by those sections and other applicable laws. Forward-looking statements can be identified by words such as “forecast,” “future,” “should,” “could,” “enable,” “potential,” “contemplate,” “believe,” “anticipate,” “estimate,” “plan,” “expect,” “intend,” “may,” “project,” “will,” “would” and the negative of these terms or similar expressions, although not all forward-looking statements contain these identifying words. Certain material factors, estimates, goals, projections, or assumptions were used in drawing the conclusions contained in the forward-looking statements throughout this communication. Forward-looking statements include statements regarding our intentions, beliefs, projections, outlook, analyses, or current expectations. Many factors could cause actual results, performance, or achievement to be materially different from any forward-looking statements, and other risks and uncertainties not presently known to the Company or that the Company deems immaterial could also cause actual results or events to differ materially from those expressed in the forward-looking statements contained herein. For a more detailed discussion of these risks and other factors, see the most recently filed annual information form of Tilray and the Annual Report on Form 10-K (and other periodic reports filed with the SEC) of Tilray made with the SEC and available on EDGAR. The forward-looking statements included in this communication are made as of the date of this communication and the Company does not undertake any obligation to publicly update such forward-looking statements to reflect new information, subsequent events, or otherwise unless required by applicable securities laws.
BRECKENRIDGE, Colo., July 23, 2026 (GLOBE NEWSWIRE) -- Revolver Beer and Spirits, a subsidiary of Tilray Brands, Inc. (NASDAQ: TLRY and TSX: TLRY), Revolver Brewing announced its evolution into Revolver Beer & Spirits, extending the Blood & Honey Legacy into Whiskey, Gin, and Vodka, marking the Texas-born beer brand’s expansion into spirits. Inspired by Revolver’s flagship Blood & Honey beer, the new line brings the brand’s unmistakable blood orange and honey profile to three bold, versatile spirits crafted for sipping, mixing and raising the bar on modern Texas flavor. Each spirit is bottled at 80 proof / 40% ABV and crafted with raw, unfiltered Texas Honey from Burleson's Honey in Waxahachie, Texas.
Rooted in the Texas countryside and shaped by a maverick spirit, Revolver has built a following by taking the familiar and spinning it into something distinctly its own. With Blood & Honey Spirits, Revolver carries that same approach into a new category: rugged enough to feel earned, refined enough to sip with intention, and unmistakably original in every pour.
Blood & Honey Whiskey
Built on a foundation of rich grains, warm citrus undertones and a touch of honeyed sweetness, Blood & Honey Whiskey delivers big flavor with a modern edge. Bright blood orange, gentle oak, smooth honey, soft vanilla and a hint of clove lead to a clean, lingering finish with a fresh burst of blood orange zest.
MSRP: $29.99
Blood & Honey Gin
Blood & Honey Gin is a crisp, clever take on a classic spirit, blending bright citrus, subtle honey and curated botanicals inspired by Revolver’s iconic Texas Blood & Honey beer. Classic juniper opens alongside blood orange, citrus zest and creamy honey, leading to a smooth palate and a refreshing finish with structured bitterness.
MSRP: $23.99
Blood & Honey Vodka
Distilled for clarity and crafted with a hint of Blood & Honey essence, Blood & Honey Vodka is smooth, clean and far from plain. Vibrant blood orange zest, fresh juice, light honey and delicate wildflowers lead to a soft finish with subtle vanilla and a lingering echo of blood orange.
MSRP: $19.99
“Revolver has always stood for bold Texas flavor, and Revolver Blood & Honey Spirits bring the iconic Texas Blood & Honey beer into a new category with real energy and originality,” said Ralph Huellemann, Texas State Sales Manager for Revolver Spirits. “Crafted with raw, unfiltered honey, this lineup is built to stand out on the shelf, behind the bar and in the glass. We see a powerful opportunity to give consumers something distinctive: spirits rooted in Texas, inspired by an iconic beer, and made for how people drink today.”
Revolver Blood & Honey Spirits will be available exclusively in Texas beginning today. For more information, visit DrinkRevolver.com and follow Revolver on Instagram @revolverbrewing. Age 21+. Please enjoy responsibly.
About Revolver Beer and Spirits
Revolver Beer and Spirits is a Texas-born craft beverage brand known for taking familiar flavors and spinning them into something distinctly its own. Inspired by Revolver’s iconic Texas Blood & Honey beer, Revolver’s spirits line features Whiskey, Gin and Vodka crafted with raw, unfiltered honey. Each spirit brings bold flavor, authenticity and a touch of Texas contradiction—rugged yet refined, rooted yet forward-looking, and made for consumers who want something original in every pour.
About Tilray Brands
Tilray Brands, Inc. (“Tilray”) (Nasdaq: TLRY; TSX: TLRY), is a leading global lifestyle and consumer packaged goods company with operations in Canada, the United States, Europe, Australia, and Latin America that is leading as a transformative force at the nexus of cannabis, beverage, wellness, and entertainment, elevating lives through moments of connection. Tilray’s mission is to be a leading premium lifestyle company with a house of brands and innovative products that inspire joy and create memorable experiences. Tilray’s unprecedented platform supports over 40 brands in over 20 countries, including comprehensive cannabis offerings, hemp-based foods, and craft beverages.
For more information on how we are elevating lives through moments of connection, visit Tilray.com and follow @Tilray on all social platforms.
Forward-Looking Statements
Certain statements in this communication that are not historical facts constitute forward-looking information or forward-looking statements (together, “forward-looking statements”) under Canadian and U.S. securities laws and within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, that are intended to be subject to the “safe harbor” created by those sections and other applicable laws. Forward-looking statements can be identified by words such as “forecast,” “future,” “should,” “could,” “enable,” “potential,” “contemplate,” “believe,” “anticipate,” “estimate,” “plan,” “expect,” “intend,” “may,” “project,” “will,” “would” and the negative of these terms or similar expressions, although not all forward-looking statements contain these identifying words. Certain material factors, estimates, goals, projections, or assumptions were used in drawing the conclusions contained in the forward-looking statements throughout this communication. Forward-looking statements include statements regarding our intentions, beliefs, projections, outlook, analyses, or current expectations. Many factors could cause actual results, performance, or achievement to be materially different from any forward-looking statements, and other risks and uncertainties not presently known to the Company or that the Company deems immaterial could also cause actual results or events to differ materially from those expressed in the forward-looking statements contained herein. For a more detailed discussion of these risks and other factors, see the most recently filed annual information form of Tilray and the Annual Report on Form 10-K (and other periodic reports filed with the SEC) of Tilray made with the SEC and available on EDGAR. The forward-looking statements included in this communication are made as of the date of this communication and the Company does not undertake any obligation to publicly update such forward-looking statements to reflect new information, subsequent events, or otherwise unless required by applicable securities laws.
Why Investors Are Watching These Marijuana Stocks in July 2026 The cannabis industry continues evolving despite ongoing regulatory uncertainty across North America. Investors remain focused on companies with improving financial results and stronger balance sheets. At the same time, the potential for federal reform in the United States continues supporting long-term optimism. Many operators are also reducing costs while expanding higher-margin businesses. As a result, investors are paying closer attention to companies with disciplined management teams. Canadian cannabis producers also continue increasing their international footprints. Furthermore, several companies are generating meaningful revenue outside recreational cannabis. That diversification could help reduce risk during slower industry growth periods.
Tilray Brands, Canopy Growth, and Village Farms International remain three of the most closely watched cannabis stocks. Each company has a unique business model and growth strategy. Moreover, each continues adapting to changing consumer demand and competitive pressures. Their expanding international operations also create additional opportunities beyond Canada. Investors should continue monitoring quarterly earnings, revenue trends, and profitability improvements. Positive legislative developments could also influence future valuations. Therefore, these three companies deserve consideration throughout July 2026.
[Read More] 3 Top Marijuana Stocks That Can Make a Profitable Difference
Best Cannabis Stocks to Watch in July 2026 Tilray Brands Inc. (NASDAQ: TLRY) Canopy Growth Corporation (NASDAQ: CGC) Village Farms International Inc. (NASDAQ: VFF) Tilray Brands Inc. (NASDAQ: TLRY) Tilray Brands remains one of the largest cannabis companies headquartered in Canada. The company has expanded far beyond traditional cannabis production. Today, Tilray operates businesses across cannabis, beverage alcohol, wellness products, and pharmaceutical distribution. This diversification provides several revenue streams during challenging cannabis market conditions. Additionally, Tilray continues expanding internationally through strategic acquisitions and partnerships. The company serves both medical and recreational cannabis markets across several countries.
In the United States, Tilray’s largest presence comes through its craft beverage portfolio. Its cannabis exposure in America remains limited because federal legalization has not occurred. However, the company owns several U.S. beverage brands that could support future cannabis expansion. Tilray currently does not operate licensed cannabis dispensaries in the United States. Instead, management has positioned the company to enter the market quickly after federal legalization. Meanwhile, Tilray continues building brand recognition through beverages and wellness products. Investors also appreciate the company’s diversified business strategy. Consequently, Tilray remains one of the industry’s most closely followed cannabis companies.
Latest Financials Tilray recently continued reporting annual revenue exceeding $800 million. Beverage alcohol and distribution operations remained important contributors to total sales. Meanwhile, cannabis revenue continued facing pricing pressure across Canada. However, management maintained its focus on cost reductions and operational efficiency. Gross margins improved as higher-margin products represented a larger share of sales. Furthermore, Tilray continued reducing operating expenses across several business segments. The company also remained committed to strengthening its balance sheet. Cash management remained a priority throughout recent quarters. Additionally, international medical cannabis sales continued providing stable revenue growth. Management also emphasized long-term profitability over aggressive expansion. Investors remain focused on adjusted EBITDA performance and improvements in free cash flow. Future earnings could benefit from additional international growth opportunities. Federal cannabis reform in the United States would also create significant upside potential. Therefore, Tilray remains a closely watched cannabis stock during July 2026.
[Read More] 3 Marijuana Stocks In Today’s Stock Market That Are Making Investors Money
Canopy Growth Corporation (NASDAQ: CGC) Canopy Growth remains one of Canada’s best-known cannabis producers. The company helped establish the legal recreational cannabis market after legalization. Although Canopy faced challenges, management has worked aggressively to improve operations. The company continues restructuring its business to improve profitability. Additionally, Canopy has reduced operating costs and streamlined production facilities. It also continues investing in premium cannabis brands and medical cannabis products. In the United States, Canopy maintains strategic interests through various agreements and investments.
Federal regulations still limit direct cannabis operations within America. Therefore, the company currently does not own or operate licensed U.S. cannabis dispensaries. However, Canopy has positioned itself for future expansion after federal legalization. Its largest North American cannabis retail presence remains in Canada through provincial distribution networks. Management continues emphasizing premium flower, pre-rolls, and cannabis beverages. Furthermore, Canopy remains active in international medical cannabis markets. These opportunities provide additional long-term growth potential. Consequently, investors continue monitoring the company’s turnaround progress.
Latest Financials Canopy recently reported continued progress toward improving its financial performance. Revenue remained pressured by competitive industry pricing and market conditions. However, operating expenses declined following restructuring initiatives. Management also continued reducing corporate overhead and production costs. Gross margins improved as efficiency programs gained traction. Furthermore, Canopy strengthened its balance sheet through strategic financial actions. Cash preservation remained an important management priority. International medical cannabis sales also contributed steady revenue. Meanwhile, premium product categories generated stronger consumer demand. Investors continue monitoring adjusted EBITDA and operating cash flow trends. The company remains focused on reaching sustainable profitability. Additionally, management continues evaluating strategic growth opportunities. Future legislative reform could unlock additional value across North America. Therefore, Canopy Growth remains an important cannabis stock to watch during July 2026.
[Read More] 3 Canadian Marijuana Stocks For Better Investing And Trading 2026
Village Farms International Inc. (NASDAQ: VFF) Village Farms International brings decades of agricultural experience to the cannabis industry. The company originally built its reputation through greenhouse vegetable production. Later, Village Farms expanded into cannabis using its advanced greenhouse expertise. Today, the company produces both recreational and medical cannabis products. Additionally, Village Farms continues expanding internationally through medical cannabis exports. Its efficient greenhouse operations help lower production costs compared to many competitors. In the United States, Village Farms maintains its largest presence through greenhouse agriculture.
The company also operates CBD businesses while preparing for future cannabis opportunities. Because federal legalization has not occurred, Village Farms currently operates no licensed U.S. cannabis dispensaries. However, management continues preparing for eventual American cannabis expansion. Meanwhile, the company’s Canadian cannabis operations continue growing market share. Premium flower products remain an important competitive advantage. Furthermore, efficient cultivation supports attractive production economics. Consequently, Village Farms continues attracting long-term investor attention.
Latest Financials Village Farms recently reported improving financial performance across several operating segments. Cannabis revenue remained an important contributor to overall company growth. Meanwhile, fresh produce operations continued providing additional diversification. Gross profit improved through operational efficiencies and disciplined expense management. Furthermore, premium cannabis sales supported stronger average selling prices. Management remained focused on expanding profitable product categories. Cash flow also improved compared to earlier reporting periods. Additionally, international cannabis exports continued supporting revenue growth. Investors remain encouraged by the company’s disciplined financial approach. The balance sheet also remained stronger than many industry competitors. Management continues emphasizing sustainable profitability and shareholder value. Future cannabis reform could significantly expand U.S. business opportunities. Therefore, Village Farms remains one of the top marijuana stocks to watch throughout July 2026. Its diversified operations provide additional stability during changing market conditions.
In the latest trading session, Tilray Brands, Inc. (TLRY - Free Report) closed at $4.23, marking a -1.63% move from the previous day. This change lagged the S&P 500's daily loss of 0.19%. Elsewhere, the Dow lost 0.59%, while the tech-heavy Nasdaq lost 0.05%.
The stock of company has fallen by 9.09% in the past month, lagging the Medical sector's gain of 6.06% and the S&P 500's gain of 0.55%.
Investors will be eagerly watching for the performance of Tilray Brands, Inc. in its upcoming earnings disclosure. The company's earnings report is set to be unveiled on July 28, 2026. The company is expected to report EPS of -$0.01, down 105% from the prior-year quarter. Simultaneously, our latest consensus estimate expects the revenue to be $268.17 million, showing a 19.43% escalation compared to the year-ago quarter.
In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of -$0.58 per share and a revenue of $885.3 million, indicating changes of -680% and +7.79%, respectively, from the former year.
Investors might also notice recent changes to analyst estimates for Tilray Brands, Inc. These recent revisions tend to reflect the evolving nature of short-term business trends. As such, positive estimate revisions reflect analyst optimism about the business and profitability.
Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system.
The Zacks Rank system, running from #1 (Strong Buy) to #5 (Strong Sell), holds an admirable track record of superior performance, independently audited, with #1 stocks contributing an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate remained stagnant. Tilray Brands, Inc. presently features a Zacks Rank of #3 (Hold).
The Medical - Products industry is part of the Medical sector. With its current Zacks Industry Rank of 169, this industry ranks in the bottom 32% of all industries, numbering over 250.
The Zacks Industry Rank assesses the vigor of our specific industry groups by computing the average Zacks Rank of the individual stocks incorporated in the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions.
Next week, on July 28, leading cannabis producer Tilray Brands (TLRY 0.58%) is scheduled to report its latest quarterly results. They'll be for its fourth quarter, wrapping up the company's 2026 fiscal year. That's always a big one for companies, as they may make major announcements and also provide guidance for the year ahead.
If the results and news are encouraging, Tilray's stock may soar, leading to a rally in the weeks and months to follow. With the stock trading near its 52-week low, is it a good idea to buy Tilray Brands stock right now, before the company reports its latest results?
Image source: Getty Images.
If Tilray Brands' growth rate continues improving, that could be the catalyst the stock needs Tilray operates in a highly competitive Canadian cannabis market, where it's tough to grow its business while maintaining high margins. As a result, it has leaned heavily on acquisitions and on diversifying into other parts of the world, even into beverages, to grow its sales. The good news is that the company's growth rate has been improving in recent quarters and was back up to double digits in the third quarter.
TLRY Revenue (Quarterly YoY Growth) data by YCharts
If the cannabis company continues to show progress and its growth rate rises further in Q4, that may give investors renewed confidence that the business is going in the right direction. Tilray has struggled to prove it's a good buy, as over the past five years its value has fallen tremendously, by 97%.
However, not only will Tilray need to show good top-line numbers, but its bottom line has been particularly troubling. While acquisitions can boost the top line, they can also add costs and lead to greater losses. In two of the past three fiscal years, Tilray incurred annual losses exceeding $1 billion, as it often incurs non-cash expenses and impairment charges. Avoiding another mammoth loss this fiscal year may be just as important as the company showing strong growth.
Today's Change
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Tilray's stock may seem cheap, but it's not a no-brainer buy Unfortunately, Tilray doesn't have a great track record of growing and staying out of the red. It has a lot to prove to growth investors, which is why buying the stock heading into Q4 would be a bit of a gamble. There are still plenty of concerns around the business, and no shortage of uncertainty. That's why a wait-and-see approach still makes the most sense, as despite its losses over the years, it wouldn't be surprising if Tilray's stock continued to decline after earnings.
BrewDog and Tilray are keeping football’s biggest celebration alive by unlocking the £1 million bar tab at participating pubs1 beginning July 20 because great football deserves celebrating, no matter who lifts the trophy
LONDON and ELLON, Scotland, July 17, 2026 (GLOBE NEWSWIRE) -- Leading UK craft beer brand and Scottish brewer BrewDog, owned by Tilray Brands, Inc. (NASDAQ: TLRY; TSX: TLRY), today announced that this celebration is for the fans. BrewDog and Tilray Brands will continue bringing football supporters together with watch parties throughout the tournament and will keep the celebration going after the final whistle by kicking off the £1 million bar tab at participating BrewDog pubs beginning July 20, 2026. Running through September 30, 2026, the bar tab gives fans across England, Scotland and Ireland more reasons to come together, raise a pint and celebrate the game, no matter who lifts the trophy. This promotion is not affiliated with, sponsored by, endorsed by, or in any way officially connected with any international football governing body, team, federation, league or tournament.
Irwin Simon, Chairman and Chief Executive Officer, Tilray Brands, said, “The greatest moments in sport are not defined only by the scoreline or the team that lifts the trophy; they are defined by the people who come together to share them. At Tilray Brands and BrewDog, we believe great brands create experiences that bring fans together, and that is exactly what this celebration is about. Football has an extraordinary way of filling pubs, sparking conversation and turning every match into a shared moment. The £1 million bar tab is our way of keeping that energy alive for fans, giving people more reasons to gather, raise a pint and celebrate the spirit of sport together.”
Watch parties will continue at BrewDog pubs throughout the tournament and the £1 million bar tab celebration will activate across participating venues beginning July 20, 2026, and run through September 30, 2026. The bar tab is to celebrate and bring ALL football fans together at participating Tilray-owned BrewDog pubs in Scotland, England and Ireland, excluding franchised BrewDog bars. Fans should rally their crew and be ready to continue celebrating football together.
Beginning July 20, 2026, fans can redeem two free pints per person from the £1 million bar tab through September 30, 2026, via BrewDog’s Treats loyalty platform. To redeem, fans must be signed up to BrewDog Treats and show their Treats QR code at participating BrewDog pubs; this is separate from the BrewDog Now order-to-table app. Existing Treats customers will automatically receive the offer in their wallets and can redeem by showing their QR code to their server. New customers can sign up at brewdog.com/treats and add their Treats QR code to their Apple or Google Wallet; once enrolled, the two free beers will appear in their wallet beginning July 20 and will be redeemable through September 30, 2026, or until the £1 million bar tab runs out. Redemptions will be available on a first-come, first-served basis while funds and stocks last, subject to participating venue availability and applicable local laws.
From BrewDog pubs across participating markets, the bar tab is built for the kind of match-day energy fans live for - packed pubs, team colours, cold pints, big screens and one massive reason to cheer as BrewDog bars continue building their role as go-to destinations for live sport all summer long.
Beyond football, participating BrewDog bars will continue activating watch parties and big-screen moments around major summer sporting occasions, including auto racing in July and August, major golf tournaments in July, the return of top-flight football in August, and world-class tennis tournaments, with the biggest matches shown across participating venues.
Terms & Conditions
The £1 million bar tab will be honoured beginning July 20, 2026, across participating venues and will run through September 30, 2026, or until the £1 million bar tab runs out, whichever comes first. This promotion is not affiliated with, sponsored by, endorsed by, or in any way officially connected with FIFA or any other international football governing body, team, federation, league or tournament. The bar tab will be activated by BrewDog and redeemable at participating Tilray-owned BrewDog pubs only in Scotland, England and Ireland, excluding franchised BrewDog bars. Fans must be signed up to the BrewDog Treats loyalty platform and show their Treats QR code at participating BrewDog pubs to redeem two free pints per person. Fans can sign up at brewdog.com/treats and add the Treats QR code to their Apple or Google Wallet. Existing BrewDog Treats customers will automatically receive the offer in their wallets; new customers who sign up will see the two free beers appear in their wallet upon enrolment. This redemption process is separate from the BrewDog Now order-to-table app. Redemptions will be available for a standard serve of BrewDog beer on a first-come, first-served basis while funds and stocks last. Offer is subject to availability, applicable local laws and venue participation; no cash alternative; valid government-issued ID may be required; please drink responsibly. Participants must meet the legal drinking age requirements in the country or region where redemption takes place. Participating venues may continue watch parties through the end of the tournament. Additional terms, timing, participating locations and redemption details may apply.
About BrewDog
BrewDog, the #1 craft beer brand in the UK, has always had one mission: making people as passionate about great beer as we are.
From iconic classics like Punk IPA, to crowd-pleasers like Lost Lager and Wingman, to boundary-pushing innovations like NanoDog, BrewDog has been brewing bold, distinctive beers since 2007.
Born in Scotland and built by a passionate community of beer lovers, BrewDog has grown into one of the world’s most recognizable craft beer brands, with a global presence spanning breweries, bars and distribution across multiple international markets. BrewDog’s future will continue to be shaped by the three things that matter most: People, Planet and Beer.
For more information, visit www.brewdog.com or follow @BrewDog on social media.
About Tilray Brands
Tilray Brands, Inc. (“Tilray”) (Nasdaq: TLRY; TSX: TLRY), is a leading global lifestyle and consumer packaged goods company with operations in Canada, the United States, Europe and Latin America that is leading as a transformative force at the nexus of cannabis, beverage, wellness, and entertainment elevating lives through moments of connection. Tilray’s mission is to be a leading premium lifestyle company with a house of brands and innovative products that inspire joy and create memorable experiences. Tilray’s unprecedented platform supports over 40 brands in over 20 countries, including comprehensive cannabis offerings, hemp-based foods and craft beverages.
For more information on how we are elevating lives through moments of connection, visit
Tilray.com and follow @Tilray on all social platforms.
Forward-Looking Statements
Certain statements in this communication that are not historical facts constitute forward-looking information or forward-looking statements (together, “forward-looking statements”) under Canadian and U.S. securities laws and within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, that are intended to be subject to the “safe harbor” created by those sections and other applicable laws. Forward-looking statements can be identified by words such as “forecast,” “future,” “should,” “could,” “enable,” “potential,” “contemplate,” “believe,” “anticipate,” “estimate,” “plan,” “expect,” “intend,” “may,” “project,” “will,” “would” and the negative of these terms or similar expressions, although not all forward-looking statements contain these identifying words. Certain material factors, estimates, goals, projections, or assumptions were used in drawing the conclusions contained in the forward-looking statements throughout this communication. Forward-looking statements include statements regarding our intentions, beliefs, projections, outlook, analyses, or current expectations. Many factors could cause actual results, performance, or achievement to be materially different from any forward-looking statements, and other risks and uncertainties not presently known to the Company or that the Company deems immaterial could also cause actual results or events to differ materially from those expressed in the forward-looking statements contained herein. For a more detailed discussion of these risks and other factors, see the most recently filed annual information form of Tilray and the Annual Report on Form 10-K (and other periodic reports filed with the SEC) of Tilray made with the SEC and available on EDGAR. The forward-looking statements included in this communication are made as of the date of this communication and the Company does not undertake any obligation to publicly update such forward-looking statements to reflect new information, subsequent events, or otherwise unless required by applicable securities laws.
In the latest trading session, Tilray Brands, Inc. (TLRY - Free Report) closed at $4.38, marking a -1.79% move from the previous day. The stock fell short of the S&P 500, which registered a gain of 0.38% for the day. Meanwhile, the Dow gained 0.02%, and the Nasdaq, a tech-heavy index, added 0.9%.
Heading into today, shares of the company had lost 10.98% over the past month, lagging the Medical sector's gain of 4.34% and the S&P 500's gain of 1.27%.
Market participants will be closely following the financial results of Tilray Brands, Inc. in its upcoming release. The company plans to announce its earnings on July 28, 2026. The company is forecasted to report an EPS of -$0.01, showcasing a 105% downward movement from the corresponding quarter of the prior year. Simultaneously, our latest consensus estimate expects the revenue to be $268.17 million, showing a 19.43% escalation compared to the year-ago quarter.
Regarding the entire year, the Zacks Consensus Estimates forecast earnings of -$0.58 per share and revenue of $885.3 million, indicating changes of -680% and +7.79%, respectively, compared to the previous year.
Any recent changes to analyst estimates for Tilray Brands, Inc. should also be noted by investors. These latest adjustments often mirror the shifting dynamics of short-term business patterns. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.
The Zacks Rank system, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. Within the past 30 days, our consensus EPS projection remained stagnant. Tilray Brands, Inc. presently features a Zacks Rank of #3 (Hold).
The Medical - Products industry is part of the Medical sector. This industry, currently bearing a Zacks Industry Rank of 201, finds itself in the bottom 19% echelons of all 250+ industries.
The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions.
NEW YORK and LONDON and LEAMINGTON, Ontario, July 13, 2026 (GLOBE NEWSWIRE) -- Tilray Brands, Inc. (“Tilray” or the “Company”) (Nasdaq: TLRY; TSX: TLRY), a global lifestyle and consumer packaged goods company at the forefront of the cannabis, beverage and wellness industries, today announced that the Company will release its financial results for the fourth quarter and full fiscal year ended May 31, 2026, after the financial markets close on Tuesday, July 28, 2026.
Live Conference Call and Audio Webcast
Tilray will host a live conference call, which will be webcast, to discuss these results at 4:30 PM Eastern Time on the same day. The webcast can be accessed on the Events & Presentations section of Tilray’s Investor Relations website.
About Tilray Brands
Tilray Brands, Inc. (“Tilray”) (Nasdaq: TLRY; TSX: TLRY), is a leading global lifestyle and consumer packaged goods company with operations in Canada, the United States, Europe, Australia, and Latin America that is leading as a transformative force at the nexus of cannabis, beverage, wellness, and entertainment, elevating lives through moments of connection. Tilray’s mission is to be a leading premium lifestyle company with a house of brands and innovative products that inspire joy and create memorable experiences. Tilray’s unprecedented platform supports over 40 brands in over 20 countries, including comprehensive cannabis offerings, hemp-based foods, and craft beverages.
For more information on how we are elevating lives through moments of connection, visit Tilray.com and follow @Tilray on all social platforms.
LONDON, July 13, 2026 (GLOBE NEWSWIRE) -- Scottish brewer and the UK’s leading craft beer brand BrewDog, owned by Tilray Brands, Inc. (NASDAQ: TLRY; TSX: TLRY), today announced that BrewDog Waterloo, the England’s largest pub, is preparing to welcome fans for what promises to be one of the tournament’s most unforgettable matchday experiences as England takes on Argentina in a blockbuster semifinal. Renowned for its electric atmosphere, giant screens and passionate crowds, England’s biggest pub will come alive as fans gather to cheer on England in a match with a place in the final on the line.
The excitement extends beyond the final whistle. With England still in the tournament, BrewDog and Tilray Brands’ £1 million bar tab remains alive, bringing fans one step closer to claiming free pints at participating BrewDog pubs in the UK and Tilray-owned brewpubs across the United States beginning July 20 if England reaches the final.
Irwin D. Simon, Chairman and Chief Executive Officer, Tilray Brands, said: “The energy across our pubs this summer has been extraordinary, and BrewDog Waterloo has become a true destination for fans to experience live sport at its best. This is exactly what our pubs are built for—bringing people together, creating unforgettable moments, and delivering an atmosphere that goes far beyond the match itself. As England takes the pitch in one of the biggest games of the tournament, we’re ready to welcome fans for an incredible semifinal night at BrewDog Waterloo.”
Fans are encouraged to arrive early, with the venue expected to reach capacity well before kickoff. Guests can enjoy BrewDog favourites alongside beers from Tilray’s award-winning American craft beer portfolio while soaking up one of the country’s most energetic football atmospheres.
Should England advance, the celebration continues - with the world’s biggest bar tab still within reach.
About BrewDog
BrewDog, the #1 craft beer brand in the UK, has always had one mission: making people as passionate about great beer as we are. From iconic classics like Punk IPA, to crowd-pleasers like Lost Lager and Wingman, to boundary-pushing innovations like NanoDog, BrewDog has been brewing bold, distinctive beers since 2007. Born in Scotland and built by a passionate community of beer lovers, BrewDog has grown into one of the world’s most recognizable craft beer brands, with a global presence spanning breweries, bars and distribution across multiple international markets. BrewDog’s future will continue to be shaped by the three things that matter most: People, Planet and Beer. For more information, visit www.brewdog.com or follow @BrewDogOfficial on social media.
About Tilray Brands
Tilray Brands, Inc. (“Tilray”) (Nasdaq: TLRY; TSX: TLRY), is a leading global lifestyle and consumer packaged goods company with operations in Canada, the United States, Europe and Latin America that is leading as a transformative force at the nexus of cannabis, beverage, wellness, and entertainment elevating lives through moments of connection. Tilray’s mission is to be a leading premium lifestyle company with a house of brands and innovative products that inspire joy and create memorable experiences. Tilray’s unprecedented platform supports over 40 brands in over 20 countries, including comprehensive cannabis offerings, hemp-based foods and craft beverages.
For more information on how we are elevating lives through moments of connection, visit Tilray.com and follow @Tilray on all social platforms.
Forward-Looking Statements
Certain statements in this communication that are not historical facts constitute forward-looking information or forward-looking statements (together, “forward-looking statements”) under Canadian and U.S. securities laws and within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, that are intended to be subject to the “safe harbor” created by those sections and other applicable laws. Forward-looking statements can be identified by words such as “forecast,” “future,” “should,” “could,” “enable,” “potential,” “contemplate,” “believe,” “anticipate,” “estimate,” “plan,” “expect,” “intend,” “may,” “project,” “will,” “would” and the negative of these terms or similar expressions, although not all forward-looking statements contain these identifying words. Certain material factors, estimates, goals, projections, or assumptions were used in drawing the conclusions contained in the forward-looking statements throughout this communication. Forward-looking statements include statements regarding our intentions, beliefs, projections, outlook, analyses, or current expectations. Many factors could cause actual results, performance, or achievement to be materially different from any forward-looking statements, and other risks and uncertainties not presently known to the Company or that the Company deems immaterial could also cause actual results or events to differ materially from those expressed in the forward-looking statements contained herein. For a more detailed discussion of these risks and other factors, see the most recently filed annual information form of Tilray and the Annual Report on Form 10-K (and other periodic reports filed with the SEC) of Tilray made with the SEC and available on EDGAR. The forward-looking statements included in this communication are made as of the date of this communication and the Company does not undertake any obligation to publicly update such forward-looking statements to reflect new information, subsequent events, or otherwise unless required by applicable securities laws.
PANAMA CITY, July 09, 2026 (GLOBE NEWSWIRE) -- Tilray Medical, a division of Tilray Brands, Inc. (NASDAQ: TLRY; TSX: TLRY) and a leading global medical cannabis company, today announced the commercial launch of its first medical cannabis product in Panama, marking a significant milestone in the company’s ongoing global expansion and commitment to improving patient access to pharmaceutical-grade cannabinoid medicines worldwide.
The launch follows the successful shipment of Tilray Oral Solution CBD100 from Tilray Medical’s EU-GMP-certified production facilities in Portugal through its joint venture with Solana Life Group S. de R.L. The product is intended to be distributed through Farmacias Arrocha, one of Panama’s leading pharmacy networks, where patients will be able to access Tilray Oral Solution CBD 100 under medical prescription. This is expected to provide patients and healthcare professionals with access to regulated, pharmaceutical-quality medical cannabis through established healthcare channels.
The milestone reinforces Tilray Medical’s position as one of the most geographically diversified medical cannabis companies globally. Today, Tilray Medical serves patients across more than 20 countries spanning Europe, Australia, Canada, Latin America, and other emerging international markets, helping advance access to safe, high-quality cannabinoid-based medicines through regulated healthcare systems.
Rajnish Ohri, President, International, Tilray Brands, stated, “At Tilray Medical, we believe every patient deserves access to safe, consistent, pharmaceutical-grade medical cannabis products. Our commercial launch in Panama reflects our broader vision to expand access to cannabinoid-based medicines through trusted healthcare systems around the world. As medical cannabis frameworks continue to advance, we are committed to working alongside healthcare providers, regulators, pharmacists, and patients to help shape the future of responsible access, advance medical education, and deliver high-quality treatment options that improve lives.”
The launch supports Panama’s emerging medical cannabis framework established under Law 242 of 2021 and follows important regulatory advancements by the Ministry of Health, including Resolution No. 0406 of May 12, 2026, which established key requirements for patient access. The Ministry also recently introduced the Medical Cannabis Users and Authorized Caregivers Identification System (SIUCMAA), creating a structured pathway for physician authorization and patient registration.
Manufactured in Portugal in accordance with rigorous European Union Good Manufacturing Practice (EU-GMP) standards, Tilray Oral Solution CBD100 is intended for use, where authorized, in patients with qualifying medical conditions authorized under Panamanian legislation. The product reflects Tilray Medical’s longstanding commitment to pharmaceutical quality, product consistency, patient safety, and regulatory compliance.
Tilray Medical’s advanced cultivation and manufacturing facilities in Portugal serve as a strategic global export hub, supplying EU-GMP-certified medical cannabis products to regulated markets around the world. The platform enables Tilray Medical to efficiently support growing international demand while maintaining the highest pharmaceutical manufacturing standards across its global operations.
The Panama launch represents another step in Tilray Medical’s broader strategy to expand access across Latin America, an emerging medical cannabis region. As governments across the region continue to establish regulatory pathways for cannabinoid-based medicines, Tilray Medical is well-positioned to support healthcare systems with trusted products, scientific expertise, and a proven track record of operating in highly regulated international markets.
As global acceptance of medical cannabis continues to accelerate, Tilray Medical remains focused on advancing patient care, supporting clinical education, investing in research, and expanding access to high-quality medical cannabis products that help address unmet patient needs worldwide.
For further information, please visit: www.Solana.pa
About Tilray Medical
Tilray Medical is dedicated to transforming lives and fostering dignity for patients in need through safe and reliable access to a global portfolio of medical cannabis brands, including Tilray Medical, Good Supply, Redecan, ARX, and Broken Coast. Tilray grew from being one of the first companies to become an approved licensed producer of medical cannabis in Canada to building the first GMP-certified cannabis production facilities in Europe, first in Portugal and later in Germany. Today, Tilray Medical is one of the largest suppliers of medical cannabis to patients, physicians, hospitals, pharmacies, researchers, and governments, in 20 countries and across five continents.
For more information on Tilray Medical, visit Tilray Medical Europe, Tilray Medical Canada, Tilray Medical Australia-New Zealand and Solana.pa in Panama.
About Tilray Brands
Tilray Brands, Inc. (“Tilray”) (Nasdaq: TLRY; TSX: TLRY), is a leading global lifestyle and consumer packaged goods company with operations in Canada, the United States, Europe, Australia, and Latin America that is leading as a transformative force at the nexus of cannabis, beverage, wellness, and entertainment, elevating lives through moments of connection. Tilray’s mission is to be a leading premium lifestyle company with a house of brands and innovative products that inspire joy and create memorable experiences. Tilray’s unprecedented platform supports over 40 brands in over 20 countries, including comprehensive cannabis offerings, hemp-based foods, and craft beverages.
For more information on how we are elevating lives through moments of connection, visit Tilray.com and follow @Tilray on all social platforms.
Forward-Looking Statements
Certain statements in this communication that are not historical facts constitute forward-looking information or forward-looking statements (together, “forward-looking statements”) under Canadian securities laws and within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, that are intended to be subject to the “safe harbor” created by those sections and other applicable laws. Forward-looking statements can be identified by words such as “forecast,” “future,” “should,” “could,” “enable,” “potential,” “contemplate,” “believe,” “anticipate,” “estimate,” “plan,” “expect,” “intend,” “may,” “project,” “will,” “would” and the negative of these terms or similar expressions, although not all forward-looking statements contain these identifying words. Certain material factors, estimates, goals, projections, or assumptions were used in drawing the conclusions contained in the forward-looking statements throughout this communication. Forward-looking statements include statements regarding our intentions, beliefs, projections, outlook, analyses, or current expectations concerning, among other things, the Company’s ability to commercialize new and innovative products worldwide. Many factors could cause actual results, performance, or achievement to be materially different from any forward-looking statements, and other risks and uncertainties not presently known to the Company or that the Company deems immaterial could also cause actual results or events to differ materially from those expressed in the forward-looking statements contained herein. Forward‑looking statements in this communication also include statements regarding the Company’s market positioning, ability to meet evolving medical cannabis demand in regulated pharmaceutical environments, and expectations concerning the effectiveness of strategic partnerships, including the Company’s collaboration with Molteni to support the development of the Italian medical cannabis market. For a more detailed discussion of these risks and other factors, see the most recently filed annual information form of Tilray and the Annual Report on Form 10-K (and other periodic reports filed with the SEC) of Tilray made with the SEC and available on EDGAR. The forward-looking statements included in this communication are made as of the date of this communication and the Company does not undertake any obligation to publicly update such forward-looking statements to reflect new information, subsequent events, or otherwise unless required by applicable securities laws.
BRECKENRIDGE, Colo., July 09, 2026 (GLOBE NEWSWIRE) -- Breckenridge Distillery, one of the most-awarded craft distilleries in the U.S., and a subsidiary of Tilray Brands, Inc. (NASDAQ: TLRY and TSX: TLRY), announced the launch of Breck Vodka Seltzer today, a bold new entry into the ready-to-drink category that captures the spirit of the Colorado Rockies in every can. Available in four vibrant flavors, Breck Vodka Seltzer is crafted for those who live for bright days, fresh air, and laid-back mountain culture vibes.
Born in the Rockies and built for the outdoors, Breck Vodka Seltzer blends crisp tartness with a touch of natural sweetness, delivering a clean, easy-drinking experience at 5% ABV. Each flavor bursts with ripe fruit character, the kind of refreshment that keeps pace with wherever the day takes you.
“Our new Vodka Seltzer is crafted for anyone looking for real flavor, balanced from nose to finish,” said Bryan Nolt, Founder of Breckenridge Distillery. “Born in the Rockies and inspired by mountain culture, it’s an easy drinking seltzer you can take anywhere, made with the same quality as our award-winning Breckenridge Vodka.”
Breck Vodka Seltzers are now available in four flavors, lime, grapefruit, peach and tropical in 4-pack individual flavors and 8-pack variety formats in Colorado retailers, coming to national retailers Fall 2026. 4-pack $11-13.99 MSRP and 8-pack variety $18.99-19.99 MSRP.
Flavors include:
Lime Breck Vodka Seltzer: Bright, refreshing aromas of fresh lime zest lead the nose. The palate opens with crisp, vibrant lime, balanced by a smooth touch of sweetness. It finishes clean and invigorating, with light, tingly lime juice notes that leave you reaching for another sip.
Grapefruit Breck Vodka Seltzer: Juicy, refreshing grapefruit aromas greet the senses. On the palate, bright grapefruit juice delivers a gentle tartness, balanced by a lingering sweetness. The finish carries a fresh grapefruit retro nasal note that remains pleasant on the breath.
Tropical Breck Vodka Seltzer: A sun‑drenched blend of vibrant citrus and lush island fruit. Aromas of ripe orange and sweet pineapple set a breezy, beach‑day tone, rounded by a smooth trace of coconut. The palate is juicy and well‑balanced; it’s bright, fruity, and effortlessly smooth, offering a tropical escape in every sip.
Peach Breck Vodka Seltzer: Inviting aromas of ripe peach and peach ring candy, with a creamy, dessert-like character. The palate showcases sweet, juicy peach layered with cream and a subtle vanilla note. The finish is smooth and lingering, tapering to a clean, crisp peach and vanilla close.
For more information about Breckenridge Distillery, visit www.breckenridgedistillery.com and click here to find retailers near you. Follow Breckenridge Distillery on Instagram @breckdistillery and become a fan at facebook.com/BreckDistillery. Age 21+. Always enjoy responsibly.
About Breckenridge Distillery
Founded in Colorado in 2008, Breckenridge Distillery is the “World’s Highest Distillery,” and is best known for its award-winning blended bourbon whiskey, a high-rye mash American-style whiskey.
One of the most highly awarded distilleries in the U.S., the Breckenridge Distillery is proudly a 3x Icons of Whisky and 10x winner of Best American Blended winner at the World Whiskies Awards by Whisky Magazine and a 4x winner of Colorado Distillery of the Year by the New York International Spirits Competition. Most recently, Breckenridge Port Cask Finish was named World’s Best Finished Bourbon at the 2024 World Whiskies Awards, joining Breckenridge High Proof, named World’s Best Blended Whiskey and Breckenridge Gin, named World’s Best Compound Gin at the World Gin Awards by Gin Magazine. Breckenridge spirits have been awarded 6 Double Golds at the San Francisco World Spirits Competition.
The Breckenridge Distillery is more than award-winning spirits, offering an immersive guest experience. Named as one of the country’s Top Visitor Attractions by Whisky Magazine, guests can dine at their award-winning restaurant, enjoy show-stopping cocktails, learn about their highly awarded spirits with an in-depth tasting, and get an inside look at their active production facility. New to the distillery, guests have the opportunity to blend their own whiskey as they learn the inner workings of whiskey production.
Breckenridge Distillery is a subsidiary of Tilray Brands, Inc. (NASDAQ: TLRY and TSX: TLRY), a leading global cannabis-lifestyle and consumer packaged goods company inspiring and empowering the worldwide community to live their very best life.
To learn more about Breckenridge Distillery, visit www.breckenridgedistillery.com. Keep up with Breckenridge Distillery on Instagram by following @breckdistillery and become a fan at facebook.com/BreckDistillery.
For more information about Tilray Brands, visit www.tilray.com and follow @tilray on Instagram, Twitter, Facebook, and LinkedIn.
About Tilray Brands
Tilray Brands, Inc. (“Tilray”) (Nasdaq: TLRY; TSX: TLRY), is a leading global lifestyle and consumer packaged goods company with operations in Canada, the United States, Europe, Australia, and Latin America that is leading as a transformative force at the nexus of cannabis, beverage, wellness, and entertainment, elevating lives through moments of connection. Tilray’s mission is to be a leading premium lifestyle company with a house of brands and innovative products that inspire joy and create memorable experiences. Tilray’s unprecedented platform supports over 40 brands in over 20 countries, including comprehensive cannabis offerings, hemp-based foods, and craft beverages.
For more information on how we are elevating lives through moments of connection, visit Tilray.com and follow @Tilray on all social platforms.
Forward-Looking Statements
Certain statements in this communication that are not historical facts constitute forward-looking information or forward-looking statements (together, “forward-looking statements”) under Canadian and U.S. securities laws and within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, that are intended to be subject to the “safe harbor” created by those sections and other applicable laws. Forward-looking statements can be identified by words such as “forecast,” “future,” “should,” “could,” “enable,” “potential,” “contemplate,” “believe,” “anticipate,” “estimate,” “plan,” “expect,” “intend,” “may,” “project,” “will,” “would” and the negative of these terms or similar expressions, although not all forward-looking statements contain these identifying words. Certain material factors, estimates, goals, projections, or assumptions were used in drawing the conclusions contained in the forward-looking statements throughout this communication. Forward-looking statements include statements regarding our intentions, beliefs, projections, outlook, analyses, or current expectations. Many factors could cause actual results, performance, or achievement to be materially different from any forward-looking statements, and other risks and uncertainties not presently known to the Company or that the Company deems immaterial could also cause actual results or events to differ materially from those expressed in the forward-looking statements contained herein. For a more detailed discussion of these risks and other factors, see the most recently filed annual information form of Tilray and the Annual Report on Form 10-K (and other periodic reports filed with the SEC) of Tilray made with the SEC and available on EDGAR. The forward-looking statements included in this communication are made as of the date of this communication and the Company does not undertake any obligation to publicly update such forward-looking statements to reflect new information, subsequent events, or otherwise unless required by applicable securities laws.
Tilray Brands (TLRY 1.60%) is a leading cannabis company based in Canada that has been growing its operations all over the world. It's also expanded into beverages in a bid to diversify its operations and pursue even more growth opportunities.
However, while the company has been growing over the years, it remains unprofitable. And many investors bought the cannabis stock in the hopes that it would one day be able to capitalize on opportunities in the U.S. if legalization takes place -- something that hasn't happened yet and may not happen anytime soon.
This year, the marijuana stock is down more than 50%. It's a risky investment, but has its value gotten so low that it's worth buying despite the challenges it's facing?
Image source: Getty Images.
Tilray's business is getting bigger, but whether it's better is debatable Tilray has leaned on acquisitions to grow its business over the years, particularly as it has expanded its alcohol segment, but that isn't necessarily a surefire recipe for success. Acquisitions can be an easy way to generate more revenue, but there's also plenty of work involved to eliminate inefficiencies and unnecessary expenses, so they're accretive to the bottom line.
The company's most recent financial results show that for the nine-month period ending Feb. 28, Tilray's net revenue rose by a fairly modest 6% year over year, totaling $633.7 million. However, despite the increase, its gross profit actually declined by 2% due to worsening margins. And the company incurred an operating loss of $46.6 million. With limited growth and no profitability, it's difficult to make the case that the stock is worth investing in, despite all of its acquisitions.
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The stock may look cheap, but that doesn't mean it's a good buy For investors who may be tempted to buy the dip on Tilray's stock, it may be worthwhile to look at the longer, five-year trajectory of the stock. During that longer time frame, the stock has plummeted a massive 97%. Time and time again, investors along the way were likely confident the stock had bottomed out and was destined to rally, only to leave them with significant losses and disappointment.
When a stock has such troubling fundamentals and financials as Tilray, and its growth prospects are questionable, there's no magic price that suddenly makes it worth buying. The business needs to prove to investors that it's worth investing in, and Tilray is nowhere near that point. Simply acquiring more companies doesn't fix its problems. In fact, I'd argue it needs to get leaner and smaller, rather than larger and bloated, just to show growth. While it may look cheap right now, I wouldn't be surprised if it looks even cheaper in the future.
In the latest trading session, Tilray Brands, Inc. (TLRY - Free Report) closed at $4.31, marking a -1.6% move from the previous day. This change lagged the S&P 500's daily loss of 0.45%. On the other hand, the Dow registered a loss of 0.25%, and the technology-centric Nasdaq decreased by 1.16%.
Coming into today, shares of the company had lost 12.92% in the past month. In that same time, the Medical sector gained 6.33%, while the S&P 500 gained 2.14%.
The investment community will be closely monitoring the performance of Tilray Brands, Inc. in its forthcoming earnings report. The company is predicted to post an EPS of -$0.01, indicating a 105% decline compared to the equivalent quarter last year. Meanwhile, the latest consensus estimate predicts the revenue to be $268.17 million, indicating a 19.43% increase compared to the same quarter of the previous year.
For the full year, the Zacks Consensus Estimates are projecting earnings of -$0.58 per share and revenue of $885.3 million, which would represent changes of -680% and +7.79%, respectively, from the prior year.
Investors should also pay attention to any latest changes in analyst estimates for Tilray Brands, Inc. Recent revisions tend to reflect the latest near-term business trends. Hence, positive alterations in estimates signify analyst optimism regarding the business and profitability.
Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system.
The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has remained unchanged. Tilray Brands, Inc. presently features a Zacks Rank of #3 (Hold).
The Medical - Products industry is part of the Medical sector. With its current Zacks Industry Rank of 178, this industry ranks in the bottom 28% of all industries, numbering over 250.
The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to use Zacks.com to monitor all these stock-influencing metrics, and more, throughout the forthcoming trading sessions.
On July 15, the Drug Enforcement Administration will conclude its public hearing on the proposal to move cannabis from Schedule I to Schedule III. The hearing won't actually legalize marijuana, and it won't guarantee rescheduling. But it does represent the most significant federal review of cannabis policy in more than 50 years.
Does this make Tilray Brands (TLRY 1.60%) a buy before then? Not necessarily. Let me explain.
Be wary of speculation If cannabis moves to Schedule III, the biggest immediate beneficiaries are likely to be U.S. operators because the change would eliminate the punitive tax treatment imposed by IRS Section 280E. Tilray doesn't currently operate U.S. plant-touching cannabis businesses, so it wouldn't receive that same direct financial benefit.
Image source: Getty Images.
That said, the company is still well positioned if federal policy continues to move in a more favorable direction. You see, Tilray has spent the past several years expanding its international medical cannabis business while diversifying into craft beer, spirits, and wellness products.
During the first nine months of fiscal 2026, the company generated around $630 million in revenue, and it ended its most recent quarter with approximately $265 million in cash and marketable securities, giving it significantly more financial flexibility than many of its competitors. But the bigger investment case isn't July 15 itself.
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It's whether the hearing signals that cannabis reform is finally moving forward after years of delays. A favorable outcome could improve investor sentiment across the sector, even if Tilray isn't the biggest near-term beneficiary.
So should you buy before July 15? If you're hoping for a one-day pop based on headlines coming out of the DEA hearing, that's speculation. But if you believe cannabis reform will continue progressing over the next several years, Tilray remains one of the industry's stronger long-term players thanks to its diversified business model, international footprint, and relatively healthy balance sheet.
And that's a much better reason to own the stock than anything that happens on a single day.
Jeff Siegel has no position in any of the stocks mentioned. The Motley Fool recommends Tilray Brands. The Motley Fool has a disclosure policy.
Tilray Brands (TLRY 1.60%) doesn't, to put it politely, have a history of pleasing its investors. That was well in evidence across June, as the company -- diversifying from its roots as a pure-play marijuana business -- fell into one of its more unattractive habits, announced a new acquisition, and saw an analyst cut his price target on the shares. The combination of these developments pushed Tilray's stock down by nearly 19% that month.
New shares for old notes Over the course of its existence, the chronically loss-making Tilray has often issued new shares in order to bolster its finances. Sure enough, on two separate days in June -- one close to the start of the month, and one at the end -- the company divulged chunky stock flotations. It minted just over 1.2 million new shares in the first, and an additional 2.6 million-plus in the second.
Image source: Getty Images.
What makes the pair something of a departure for Tilray is that they weren't effected to raise capital. Instead, they were the equity side of a debt-for-equity swap the company effected with holders of some of its convertible notes (i.e., debt securities that convert to stock under certain conditions) that pay interest of 5.2%. As notes are booked as debt on the balance sheet, with this financial engineering move Tilray retired roughly $18 million in debt.
That'll improve the balance sheet to a degree (the company had $284 million in long-term borrowings at the end of February) which is, of course, a positive development. What's not so positive is the pile of new shares, as one reason investors have been wary of Tilray is its frequent new share issues. At least the June pair isn't excessively dilutive; the company's outstanding share count topped 123 million.
Later in the month an analyst following Tilray, Bernstein SocGen Group's Nadine Sarwat, cut her price target on the stock. She reduced it quite substantially, to $6.50 per share from $10. She also maintained her rather lukewarm stance on its future, keeping her market perform (hold, in other words) recommendation intact.
On the second-to-last day of the month, Tilray announced its latest acquisition. It is now the owner of HelloMD, a telehealth and patient engagement company focused on medical cannabis.
It didn't disclose the financial terms of the deal, but did say it boosts the company's "direct-to-patient capabilities, creates a fully vertically integrated medical cannabis framework for Tilray in Canada, and advances its global medical cannabis growth strategy."
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More losses to come? I think that combination of share price issuance and new asset acquisition is dismaying for some investors. I'd imagine they're wondering why Tilray is effectively reducing its stock's value while opening its wallet for an acquisition.
That wouldn't be such a concern if the company showed signs of reversing its loss-making ways, but I'm not seeing much indication of this yet. Personally, I don't think this stock is a compelling buy right now.
Tilray expands its medical cannabis strategy with HelloMD, adding virtual patient access as investors weigh growth potential against ongoing profitability challenges.
In the latest close session, Tilray Brands, Inc. (TLRY - Free Report) was down 1.34% at $4.43. The stock's change was less than the S&P 500's daily loss of 0.22%. Meanwhile, the Dow experienced a drop of 0.03%, and the technology-dominated Nasdaq saw a decrease of 0.66%.
Prior to today's trading, shares of the company had lost 16.54% lagged the Medical sector's gain of 6.47% and the S&P 500's loss of 1.21%.
Market participants will be closely following the financial results of Tilray Brands, Inc. in its upcoming release. In that report, analysts expect Tilray Brands, Inc. to post earnings of -$0.01 per share. This would mark a year-over-year decline of 105%. Meanwhile, the latest consensus estimate predicts the revenue to be $268.17 million, indicating a 19.43% increase compared to the same quarter of the previous year.
Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of -$0.58 per share and revenue of $885.3 million. These totals would mark changes of -680% and +7.79%, respectively, from last year.
It's also important for investors to be aware of any recent modifications to analyst estimates for Tilray Brands, Inc. These latest adjustments often mirror the shifting dynamics of short-term business patterns. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health and profitability.
Our research shows that these estimate changes are directly correlated with near-term stock prices. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed an unchanged state. Tilray Brands, Inc. is currently a Zacks Rank #3 (Hold).
The Medical - Products industry is part of the Medical sector. Currently, this industry holds a Zacks Industry Rank of 169, positioning it in the bottom 32% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Keep in mind to rely on Zacks.com to watch all these stock-impacting metrics, and more, in the succeeding trading sessions.
BRECKENRIDGE, Colo., June 30, 2026 (GLOBE NEWSWIRE) -- Breckenridge Distillery, one of the most-awarded craft distilleries in the U.S. and a subsidiary of Tilray Brands, Inc. (NASDAQ: TLRY and TSX: TLRY), continues its run as Colorado's most decorated spirits producer, taking home top honors at the New York International Spirits Competition (NYISC). Now in its 17th year, NYISC drew more than 1,400 entries from 39 countries and 34 U.S. states, with top spirits buyers judging each submission by category and price.
Breckenridge Rum Cask Finish led the distillery's haul, earning Double Gold and a 96-point score, NYISC's highest distinction reserved for spirits that earn a unanimous gold-or-better vote from every judge on the panel. The win caps a banner year for the expression, which has emerged as one of Breckenridge's most decorated releases and a standout in the brand's growing portfolio of cask-finished whiskeys, having also just won Double Gold at San Francisco World Spirits Competition.
Breckenridge Distillery was also named 2026 NYISC Colorado Distillery of the Year, marking the sixth win for the Breckenridge Distillery. In addition, Breckenridge and Casa Breck expressions earned Gold medals with scores of 95 points: Breckenridge Cognac Cask Finish Whiskey, Breckenridge Peat Fetish, Breckenridge Vodka, and Casa Breck Tequila Blanco.
“Rum Cask Finish has become one of the clearest expressions of what we do best, take a great American whiskey and push it somewhere unexpected,” says Bryan Nolt, Founder and CEO. “To see it earn back-to-back Double Gold at SFWSC and NYISC is a reflection of the consistency and craftsmanship our team brings to every release. Six years as Colorado Distillery of the Year is not lost on us either, it is a standard we work hard to keep earning.”
Judges at this year's competition noted the exceptionally high quality of entries submitted across regions and countries, underscoring the strength of Breckenridge's showing against an increasingly competitive global field.
Breckenridge Rum Cask Finish: The distillery’s award-winning Breckenridge Bourbon soaks up the charm of aged Colorado Rum casks, creating an unstoppable wave of flavor. Candied apple and cinnamon enfold, as dark chocolate and cacao follow. Lingering allspice captivates the senses, gratifying in just one sip, but mysterious enough to leave you wanting another (45% ABV, 90 proof, $59.99 MSRP).
Breckenridge Rum Cask Finish is available nationally at select retailers and for home delivery where permitted, or find a retailer near you. For more information about Breckenridge Distillery, visit www.breckenridgedistillery.com. Follow Breckenridge Distillery on Instagram @breckdistillery and become a fan at facebook.com/BreckDistillery. Age 21+. Always enjoy responsibly.
About Breckenridge Distillery
Founded in Colorado in 2008, Breckenridge Distillery is the “World’s Highest Distillery,” and is best known for its award-winning blended bourbon whiskey, a high-rye mash American-style whiskey. One of the most highly awarded distilleries in the U.S., Breckenridge Distillery is proudly a 3x Icons of Whisky and 10x winner of Best American Blended at the World Whiskies Awards by Whisky Magazine, and now a 6x winner of Colorado Distillery of the Year by the New York International Spirits Competition. Most recently, Breckenridge Port Cask Finish was named World’s Best Finished Bourbon at the 2024 World Whiskies Awards, joining Breckenridge High Proof, named World’s Best Blended Whiskey, and Breckenridge Gin, named World’s Best Compound Gin at the World Gin Awards by Gin Magazine. Breckenridge spirits have been awarded 7 Double Golds at the San Francisco World Spirits Competition.
Breckenridge Distillery is more than award-winning spirits, offering an immersive guest experience. Named one of the country’s Top Visitor Attractions by Whisky Magazine, guests can dine at the award-winning restaurant, enjoy show-stopping cocktails, explore an in-depth tasting, and get an inside look at the active production facility, including the opportunity to blend their own whiskey.
Breckenridge Distillery is a subsidiary of Tilray Brands, Inc. (NASDAQ: TLRY and TSX: TLRY), a leading global cannabis-lifestyle and consumer packaged goods company inspiring and empowering the worldwide community to live their very best life.
To learn more about Breckenridge Distillery, visit www.breckenridgedistillery.com. Keep up with Breckenridge Distillery on Instagram by following @breckdistillery and become a fan at facebook.com/BreckDistillery. For more information about Tilray Brands, visit www.tilray.com and follow @tilray on Instagram, Twitter, Facebook, and LinkedIn.
About Tilray Brands
Tilray Brands, Inc. (“Tilray”) (Nasdaq: TLRY; TSX: TLRY), is a leading global lifestyle and consumer packaged goods company with operations in Canada, the United States, Europe, Australia, and Latin America that is leading as a transformative force at the nexus of cannabis, beverage, wellness, and entertainment, elevating lives through moments of connection. Tilray’s mission is to be a leading premium lifestyle company with a house of brands and innovative products that inspire joy and create memorable experiences. Tilray’s unprecedented platform supports over 40 brands in over 20 countries, including comprehensive cannabis offerings, hemp-based foods, and craft beverages.
For more information on how we are elevating lives through moments of connection, visit Tilray.com and follow @Tilray on all social platforms.
Forward-Looking Statements
Certain statements in this communication that are not historical facts constitute forward-looking information or forward-looking statements (together, “forward-looking statements”) under Canadian and U.S. securities laws and within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, that are intended to be subject to the “safe harbor” created by those sections and other applicable laws. Forward-looking statements can be identified by words such as “forecast,” “future,” “should,” “could,” “enable,” “potential,” “contemplate,” “believe,” “anticipate,” “estimate,” “plan,” “expect,” “intend,” “may,” “project,” “will,” “would” and the negative of these terms or similar expressions, although not all forward-looking statements contain these identifying words. Certain material factors, estimates, goals, projections, or assumptions were used in drawing the conclusions contained in the forward-looking statements throughout this communication. Forward-looking statements include statements regarding our intentions, beliefs, projections, outlook, analyses, or current expectations. Many factors could cause actual results, performance, or achievement to be materially different from any forward-looking statements, and other risks and uncertainties not presently known to the Company or that the Company deems immaterial could also cause actual results or events to differ materially from those expressed in the forward-looking statements contained herein. For a more detailed discussion of these risks and other factors, see the most recently filed annual information form of Tilray and the Annual Report on Form 10-K (and other periodic reports filed with the SEC) of Tilray made with the SEC and available on EDGAR. The forward-looking statements included in this communication are made as of the date of this communication and the Company does not undertake any obligation to publicly update such forward-looking statements to reflect new information, subsequent events, or otherwise unless required by applicable securities laws.
While cannabis investors finally have an expedited DEA administrative hearing on the calendar and a fresh Schedule III pathway in motion, Wall Street has stood at this exact intersection before. The pure-play U.S. cannabis proxy, AdvisorShares Pure US Cannabis ETF (NYSEARCA: MSOS), has vaulted 99.2% over the trailing year on rescheduling hope, yet still trades 81.0% below its September 2020 launch price. The pattern of euphoria followed by collapse has been the only consistent feature of this trade.
The Regulatory Pivot The catalyst this time around centers on Section 280E. That single line of the tax code denies cannabis sellers the ordinary business deductions every other operator takes for granted, taxing them on gross profit rather than net income, and pushing effective tax rates above 70% for U.S. multi-state operators. A move from Schedule I to Schedule III would remove that burden. The DEA’s expedited hearing began June 29, 2026, with a conclusion targeted for mid-July and a potential final rule in the Federal Register to follow.
Prediction Markets vs. Historical Rhymes The prediction-market tape tells a different story. The Polymarket contract on rescheduling by today’s close implies a 0.55% probability. The contract for the end of July prints 18.5%. The year-end contract prints 23.3%, having fallen 9.65 cents over the past week. An earlier market resolving on rescheduling by March 31 closed at zero. Traders putting cash behind their convictions are pricing failure.
What’s particularly notable is how cleanly the setup rhymes with prior cycles. The 2018 Canadian legalization rally sent Tilray Brands (NASDAQ: TLRY) above $223 on a split-adjusted basis. SAFE Banking introductions starting in 2019 stalled in the Senate. The 2021 post-election rally faded. The 2024 DEA rescheduling proposal disappeared into administrative limbo. Canopy Growth (NASDAQ: CGC) crested above $241 in mid-2021 and now changes hands at $0.99, a 99.6% drawdown over five years. Tilray has shed 97.5% on the same clock.
The Canadian Disconnect and Punishing Fundamentals Worth flagging is the structural quirk: Tilray and Canopy are Canadian licensed producers and are not themselves subject to 280E. Their share prices, however, have moved in lockstep with U.S. reform sentiment for the better part of a decade. The AdvisorShares ETF is the cleaner proxy because it owns the operators actually paying the punitive tax, with Curaleaf at 12% of net assets as the largest position and TerrAscend at 3% behind it. The fund carried $729.19 million in net assets as of the latest filing, with a defensive 7% cash position held in BlackRock Treasury Trust.
Operator economics underneath the narrative are punishing. Tilray, with its more favorable Canadian tax treatment, posted a fiscal third-quarter net loss of $25.23 million on $206.73 million in revenue. Its trailing 12-month EPS came in at −$0.24. Canopy Growth’s most recent quarter delivered $71.25 million in revenue against a net loss of $154.72 million, with an accumulated deficit of C$11 billion, per the company’s recent 8-K filing. Adjusted EPS missed expectations by 566.67%.
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The 280E Unlock and the Retail Divide For the U.S. operators inside the AdvisorShares fund, 280E relief would be a genuine structural unlock. Cash flows currently consumed by the IRS would land on the income statement, valuations would compress against actual earnings rather than gross profit, and the discount that cash-strapped MSOs face when raising capital would narrow. The math is straightforward. Timing has shredded capital in this sector for eight straight years.
The retail sentiment reflects the familiar split. WallStreetBets posts in early June carried sentiment scores of 90 in connection with the latest MSO uplisting catalyst, with one trader documenting a $2.1 million MSOS position. Yet Tilray’s most recent tracked Reddit post showed a sentiment score of 8 on a thread titled “What’s the buy you regret the most?” Euphoria and exhaustion live in the same forum.
Long term, rescheduling will eventually occur, and U.S. cannabis operators will escape 280E. Markets typically reward structural reform once the rule actually appears in the Federal Register. The historical pattern shows cannabis stocks pricing the arrival multiple times before delivery, with each false dawn leaving the next entry point lower than the one before. Tilray’s $9.66 analyst target is well above the most recent close, and Canopy’s $1.22 target is only marginally above the current price.
The verdict from history is clear: the catalyst exists, the hearing is on the calendar, and the prediction-market tape is pricing failure for a reason.
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NEW YORK, June 30, 2026 (GLOBE NEWSWIRE) -- Tilray Beer, the fourth largest craft brewer in the U.S. and the beer division of Tilray Brands, Inc. (“Tilray”) (Nasdaq: TLRY; TSX: TLRY), is tapping into Fourth of July weekend with a coast-to-coast lineup of craft beer celebrations that capture the energy, pride and American spirit of the holiday. What better way to celebrate America’s 250th birthday than with great craft beer, live music, fireworks, BBQ favorites, red, white and blue cocktails, exclusive merch, patio games and cooler-ready to-go beer deals at Tilray Beer taprooms across the country. From beach-town celebrations and packed patios to craveable food, festive drinks and local taproom energy, Tilray Beer is giving fans more ways to raise a glass to America’s milestone birthday with the brands they love.
SweetWater Brewing Co. – SweetWater Brewing Co. is bringing Atlanta-sized energy to the holiday weekend, kicking off alongside more than 60,000 runners at the annual Peachtree Road Race before shifting the celebration to the taproom. Guests can keep the day going with early live music, American Lager-themed merch, discounted American Lager crowlers, $4.20 pints of 420, $6 six-packs and $12 twelve-packs to-go, plus limited-edition Fourth of July tie-dye T-shirts and koozies made for fireworks, tailgates, cookouts and cold craft beer.
10 Barrel Brewing – 10 Barrel Brewing is making Fourth of July weekend an all-out craft beer celebration across its pubs in Bend, Portland East, Portland West and Boise. Fans can expect holiday-inspired food and cocktails, packaged beer deals and easy to-go options for fireworks, backyard parties and local events. In Bend, guests can catch the city’s official Fourth of July fireworks display from the Bend East parking lot, while in Boise, 10 Barrel’s food truck will be near the city celebration, serving fans during a live music event expected to draw more than 60,000 people.
Breckenridge Brewery – Breckenridge Brewery is bringing mountain-town excitement to the long weekend with live music, festive pub decorations, food specials, merch offers and frozen slushies made for summer. At the Breckenridge Brew Pub, guests can gather on the deck for a drone show and a limited-time holiday menu. At the Farm House in Littleton, the celebration starts July 2 with a drone show and live symphony performance, then continues on July 4 with more live music and a tie-dye party.
BrewDog US – BrewDog US is turning Independence Day into a coast-to-coast celebration with rooftop views, family-friendly festivities and prime firework experiences across its taprooms. In Las Vegas, guests can take in sweeping Strip views at a rooftop Fourth of July party featuring live music, curated food and drink specials, and premium firework viewing with reserved seating and food and beverage credits available. In Cleveland and Columbus, BrewDog is hosting daytime, family-friendly BBQ celebrations with face painting, shaved ice, bounce houses and more, making it an easy stop before evening firework displays. In New Albany, guests can enjoy a dedicated firework viewing party directly across from the city’s display, with a bottomless buffet, reserved tables and front-row views of the holiday finale. Montauk Brewing Company – Montauk Brewing Company is giving the East End a beach-ready reason to stop by before the fireworks, with free ice cream from John’s Drive-In from 2–4 p.m. and to-go beer specials during the final two hours of the evening for guests heading to the beach, backyard gatherings or holiday plans around town. Blue Point Brewing Co. – Blue Point Brewing Co. is turning Patchogue into a long-weekend destination with a DJ from 3–7 p.m. on July 4, taproom merch specials and food and drink specials to be announced closer to the holiday. On July 5, the party continues with another Boardy Barn-style celebration and signature specials, giving fans one more reason to keep the holiday weekend going.
Hop Valley Brewing – Hop Valley Brewing is serving up a patio party built for summer, with free popsicles, outdoor games, pulled pork, chili dogs, BBQ favorites, red, white and blue layered cocktails and beer slushies. It is an easy, fun stop for families, friends and beer fans looking to make the most of the long weekend.
Terrapin Beer Co. – Terrapin Beer Co. is helping fans fill the cooler and fuel the weekend with to-go beer deals on six-packs, 12-packs and 15-packs for cookouts, lake days and fireworks plans. Guests can also enjoy The Happy Dog food truck and live music from 2 p.m. to 5 p.m., making the taproom a lively stop for fresh beer, food and local Athens energy. Whether guests are looking for beach fireworks, backyard BBQ flavors, city celebrations, soccer watch parties, patio games or cooler-ready beer for the road, Tilray Beer taprooms are ready to deliver a Fourth of July weekend packed with local flavor, fresh craft beer and memorable summer moments. With the global soccer tournament being hosted in the U.S. and streamed live at Tilray Beer taprooms, fans can also cheer on every big moment while enjoying great beer, craveable food and high-energy taproom experiences all weekend long. Guests are encouraged to check their local taproom’s website and social media channels for the latest event details, hours, specials and live programming throughout the holiday weekend.
About Tilray Brands
Tilray Brands, Inc. (“Tilray”) (Nasdaq: TLRY; TSX: TLRY), is a leading global lifestyle and consumer packaged goods company with operations in Canada, the United States, Europe, Australia, and Latin America that is leading as a transformative force at the nexus of cannabis, beverage, wellness, and entertainment, elevating lives through moments of connection. Tilray’s mission is to be a leading premium lifestyle company with a house of brands and innovative products that inspire joy and create memorable experiences. Tilray’s unprecedented platform supports over 40 brands in over 20 countries, including comprehensive cannabis offerings, hemp-based foods, and craft beverages.
For more information on how we are elevating lives through moments of connection, visit Tilray.com and follow @Tilray on all social platforms.
Forward-Looking Statements
Certain statements in this communication that are not historical facts constitute forward-looking information or forward-looking statements (together, “forward-looking statements”) under Canadian and U.S. securities laws and within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, that are intended to be subject to the “safe harbor” created by those sections and other applicable laws. Forward-looking statements can be identified by words such as “forecast,” “future,” “should,” “could,” “enable,” “potential,” “contemplate,” “believe,” “anticipate,” “estimate,” “plan,” “expect,” “intend,” “may,” “project,” “will,” “would” and the negative of these terms or similar expressions, although not all forward-looking statements contain these identifying words. Certain material factors, estimates, goals, projections, or assumptions were used in drawing the conclusions contained in the forward-looking statements throughout this communication. Forward-looking statements include statements regarding our intentions, beliefs, projections, outlook, analyses, or current expectations. Many factors could cause actual results, performance, or achievement to be materially different from any forward-looking statements, and other risks and uncertainties not presently known to the Company or that the Company deems immaterial could also cause actual results or events to differ materially from those expressed in the forward-looking statements contained herein. For a more detailed discussion of these risks and other factors, see the most recently filed annual information form of Tilray and the Annual Report on Form 10-K (and other periodic reports filed with the SEC) of Tilray made with the SEC and available on EDGAR. The forward-looking statements included in this communication are made as of the date of this communication and the Company does not undertake any obligation to publicly update such forward-looking statements to reflect new information, subsequent events, or otherwise unless required by applicable securities laws.
NEW YORK and TORONTO, June 29, 2026 (GLOBE NEWSWIRE) -- Tilray Brands, Inc. (NASDAQ: TLRY; TSX: TLRY) (“Tilray”), a global leader in medical cannabis, today announced the acquisition of HelloMD Corporation, a digital healthcare and patient engagement platform that expands Tilray’s direct-to-patient capabilities, creates a fully vertically integrated medical cannabis framework for Tilray in Canada, and advances its global medical cannabis growth strategy. Tilray was the successful bidder in HelloMD’s formal sale process and plans to acquire HelloMD’s Canadian medical cannabis assets following formal Court approval on June 29, 2026.
The acquisition will strengthen Tilray’s global medical cannabis platform by expanding direct-to-patient capabilities, enhancing physician and patient education, and deepening engagement across the care journey, while establishing an integrated Canadian framework that connects quality cultivation, clinical expertise, practitioner support, product access, and fulfillment.
As medical cannabis becomes a more established part of healthcare, Tilray is building an integrated care model that supports patients from education and physician consultations to product access, fulfillment, and ongoing support. Historically, medical cannabis has often been considered later in a patient’s care journey. With the appropriate resources and clinical support, HelloMD provides Tilray with a platform to help engage eligible patients earlier through education, practitioner access, and trusted guidance, expanding awareness of regulated, plant-based medical cannabis options as part of a broader approach to natural health and wellness.
HelloMD has supported hundreds of thousands of patients through telehealth consultations, educational resources, and personalized medical cannabis guidance. Its platform complements Tilray’s global healthcare infrastructure, including EU-GMP certified cultivation and manufacturing, pharmaceutical distribution through CC Pharma, medical cannabis clinics, digital pharmacy capabilities, and patient access platforms across North America, Europe, Australia, and other international markets.
Blair MacNeil, President, Tilray Canada, said, “Medical cannabis is becoming a more integrated part of healthcare, and patients are looking for trusted, convenient access to care supported by education and guidance. By combining HelloMD’s digital healthcare platform with Tilray’s medical cannabis portfolio, clinical expertise, and national fulfillment capabilities, we are creating a more connected pathway for patients and healthcare practitioners in Canada. This acquisition establishes a fully vertically integrated medical cannabis framework for Tilray in Canada while strengthening our broader global platform, expanding patient engagement, practitioner support, and access in regulated medical markets. As adoption continues to grow, Tilray is well positioned to serve patients with high-quality medical cannabis solutions and healthcare services across the continuum of care.”
Larry Lisser, CEO, HelloMD, added, “From day one, our mission at HelloMD has been to make medical cannabis more accessible through innovative technology, approachable education, and trusted healthcare experiences. I’m incredibly proud of what our team built alongside our healthcare practitioners and business partners, and of how we scaled together to deliver meaningful outcomes for patients. I believe Tilray has the expertise, infrastructure, and drive to expand the platform’s reach and impact, benefiting patients for years to come.”
The acquisition is expected to enhance Tilray’s ability to deliver a more seamless patient experience, generate insights that support education and engagement, and expand access in regulated medical markets globally.
Tilray also sees an opportunity to broaden patient and consumer awareness in adjacent wellness categories, including sleep support and pain management, where over-the-counter products represent a multi-billion-dollar market in which Tilray is not meaningfully represented today. Subject to applicable regulations, Tilray intends to use HelloMD’s digital education and engagement capabilities to responsibly build awareness of regulated, plant-based medical cannabis alternatives among appropriate audiences seeking natural health solutions.
The acquisition reinforces Tilray’s commitment to advancing medical cannabis through innovation, patient engagement, scientific leadership, expanded global access, and the continued strengthening of HelloMD Corporation’s existing strategic partnerships to ensure continuity of care and sustained value for patients and healthcare practitioners. As Tilray grows its international medical business, the Company remains focused on delivering high-quality medical cannabis products and healthcare solutions to patients worldwide.
Financial terms of the transaction were not disclosed.
About HelloMD
HelloMD Corporation is a leading digital healthcare and patient engagement platform focused on medical cannabis education, physician consultations, and patient support services. Through its technology-driven approach, HelloMD helps patients navigate medical cannabis treatment with confidence and access trusted healthcare resources.
About Tilray Medical
Tilray Medical is dedicated to transforming lives and fostering dignity for patients in need through safe and reliable access to a global portfolio of medical cannabis brands, including Tilray Medical, Good Supply, Redecan, ARX, and Broken Coast. Tilray grew from being one of the first companies to become an approved licensed producer of medical cannabis in Canada to building the first GMP-certified cannabis production facilities in Europe, first in Portugal and later in Germany. Today, Tilray Medical is one of the largest suppliers of medical cannabis to patients, physicians, hospitals, pharmacies, researchers, and governments, in 20 countries and across five continents.
For more information on Tilray Medical, visit Tilray Medical Europe, Tilray Medical Canada, and Tilray Medical Australia-New Zealand.
About Tilray Brands
Tilray Brands, Inc. (“Tilray”) (Nasdaq: TLRY; TSX: TLRY), is a leading global lifestyle and consumer packaged goods company with operations in Canada, the United States, Europe, Australia, and Latin America that is leading as a transformative force at the nexus of cannabis, beverage, wellness, and entertainment, elevating lives through moments of connection. Tilray’s mission is to be a leading premium lifestyle company with a house of brands and innovative products that inspire joy and create memorable experiences. Tilray’s unprecedented platform supports over 40 brands in over 20 countries, including comprehensive cannabis offerings, hemp-based foods, and craft beverages.
For more information on how we are elevating lives through moments of connection, visit Tilray.com and follow @Tilray on all social platforms.
Forward-Looking Statements
Certain statements in this communication that are not historical facts constitute forward-looking information or forward-looking statements (together, “forward-looking statements”) under Canadian securities laws and within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, that are intended to be subject to the “safe harbor” created by those sections and other applicable laws. Forward-looking statements can be identified by words such as “forecast,” “future,” “should,” “could,” “enable,” “potential,” “contemplate,” “believe,” “anticipate,” “estimate,” “plan,” “expect,” “intend,” “may,” “project,” “will,” “would” and the negative of these terms or similar expressions, although not all forward-looking statements contain these identifying words. Certain material factors, estimates, goals, projections, or assumptions were used in drawing the conclusions contained in the forward-looking statements throughout this communication. Forward-looking statements include statements regarding our intentions, beliefs, projections, outlook, analyses, or current expectations concerning, among other things, the Company’s ability to commercialize new and innovative products worldwide. Many factors could cause actual results, performance, or achievement to be materially different from any forward-looking statements, and other risks and uncertainties not presently known to the Company or that the Company deems immaterial could also cause actual results or events to differ materially from those expressed in the forward-looking statements contained herein. Forward‑looking statements in this communication also include statements regarding the Company’s market positioning, ability to meet evolving medical cannabis demand in regulated pharmaceutical environments, and expectations concerning the effectiveness of strategic partnerships. For a more detailed discussion of these risks and other factors, see the most recently filed annual information form of Tilray and the Annual Report on Form 10-K (and other periodic reports filed with the SEC) of Tilray made with the SEC and available on EDGAR. The forward-looking statements included in this communication are made as of the date of this communication and the Company does not undertake any obligation to publicly update such forward-looking statements to reflect new information, subsequent events, or otherwise unless required by applicable securities laws.
Canada, England or the U.S. to the final? BrewDog and Tilray Beer are ready to pour a £1 million bar tab for fans across participating BrewDog pubs1 and Tilray-owned brewpubs2.
NEW YORK and TORONTO and ELLON, United Kingdom, June 29, 2026 (GLOBE NEWSWIRE) -- Scottish brewer BrewDog, owned by Tilray Brands, Inc. (NASDAQ: TLRY; TSX: TLRY), today announced that Canada has been added to BrewDog and Tilray Beer’s world’s biggest bar tab promotion after Canada advanced to the next round in the world’s biggest football tournament. Tilray and BrewDog are proud to celebrate Canada’s historic run and are expanding the promotion so that, if Canada reaches the final — in addition to England or the United States — the companies will activate a £1 million bar tab for fans. This promotion is not affiliated with, sponsored by, endorsed by, or in any way officially connected with any international football governing body, team, federation, league or tournament.
Irwin Simon, Chairman and Chief Executive Officer, Tilray Brands, said, “We are so proud to add Canada to the world’s biggest bar tab as the team advances to the next round and captures the energy and pride of fans across the country. By expanding this celebration to include Canada, we are giving even more fans the chance to come together, wear their jersey, raise a pint and be part of the excitement. If Canada, England or the United States reaches the final on football’s biggest world stage, we are ready to help fans celebrate together across participating BrewDog pubs and Tilray-owned brewpubs.”
The celebration will now kick in if Canada, England or the United States reaches the final of the world’s biggest football tournament. Once activated, BrewDog will open a £1 million bar tab from 20 July, the day after the final match. If Canada advances to the final, fans just need to wear their Canada jersey to claim up to two free pints per person at one of our participating pubs, on a first-come, first-served basis, while pints last. Fans wearing an eligible Canada, England or U.S. team jersey can claim up to two free pints per person, on a first-come, first-served basis, while pints last at participating Tilray-owned BrewDog pubs, excluding franchised BrewDog bars, and at participating Tilray-owned brewpubs, including SweetWater Brewing, 10 Barrel Brewing, Blue Point Brewery, Breckenridge Brewery, Montauk Brewing, and Terrapin. Fans should get their jerseys ready now, rally their crew and be ready to move fast if one of the eligible teams reaches the final.
From BrewDog pubs to Tilray’s broader craft beverage venues, the bar tab is designed for the kind of celebration sports fans live for — packed pubs, team colours, cold pints and one massive reason to cheer — with BrewDog bars continuing to build their role as go-to destinations to watch sporting events all summer long.
Beyond football, participating BrewDog bars will be activating watch parties and big-screen moments around major sporting occasions throughout the summer, including auto-racing in July and August, major golf tournaments in July, the return of top flight football in August, and world-class tennis tournaments, with the biggest matches shown across participating venues.
Terms & Conditions
The promotion will be activated only if Canada, England or the United States men’s national team reaches the final of the 2026 international men’s football tournament in North America. If activated, the £1 million bar tab will open from 20 July, the day after the final match. This promotion is not affiliated with, sponsored by, endorsed by, or in any way officially connected with FIFA or any other international football governing body, team, federation, league or tournament. The £1 million bar tab will be opened by BrewDog and redeemable at participating Tilray-owned BrewDog pubs only in Scotland, England, Ireland, and Las Vegas, excluding franchised BrewDog bars, and is redeemable at participating Tilray-owned brewpubs, including SweetWater Brewing, 10 Barrel Brewing, Blue Point Brewing, Breckenridge Brewery, Montauk Brewing, and Terrapin. Ohio BrewDog bars and Tilray-owned bars in Oregon are not included in participation due to local laws. Fans must be wearing a Canada, England or U.S. team jersey at the time of redemption. Redemption is limited to two free pints per person. Free pints are available on a first-come, first-served basis while funds and stocks last. Offer is subject to availability, applicable local laws and venue participation; no cash alternative; valid government-issued ID may be required; please drink responsibly. Participants must meet the legal drinking age requirements in the country or region where redemption takes place. Additional terms, timing, participating locations and redemption details may apply and will be announced if the promotion begins.
About BrewDog
BrewDog, the #1 craft beer brand in the UK, has always had one mission: making people as passionate about great beer as we are.
From iconic classics like Punk IPA, to crowd-pleasers like Lost Lager and Wingman, to boundary-pushing innovations like NanoDog, BrewDog has been brewing bold, distinctive beers since 2007.
Born in Scotland and built by a passionate community of beer lovers, BrewDog has grown into one of the world’s most recognizable craft beer brands, with a global presence spanning breweries, bars and distribution across multiple international markets. BrewDog’s future will continue to be shaped by the three things that matter most: People, Planet and Beer.
For more information, visit www.brewdog.com or follow @BrewDog on social media.
About Tilray Brands
Tilray Brands, Inc. (“Tilray”) (Nasdaq: TLRY; TSX: TLRY), is a leading global lifestyle and consumer packaged goods company with operations in Canada, the United States, Europe and Latin America that is leading as a transformative force at the nexus of cannabis, beverage, wellness, and entertainment elevating lives through moments of connection. Tilray’s mission is to be a leading premium lifestyle company with a house of brands and innovative products that inspire joy and create memorable experiences. Tilray’s unprecedented platform supports over 40 brands in over 20 countries, including comprehensive cannabis offerings, hemp-based foods and craft beverages.
For more information on how we are elevating lives through moments of connection, visit
Tilray.com and follow @Tilray on all social platforms.
Forward-Looking Statements
Certain statements in this communication that are not historical facts constitute forward-looking information or forward-looking statements (together, “forward-looking statements”) under Canadian and U.S. securities laws and within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, that are intended to be subject to the “safe harbor” created by those sections and other applicable laws. Forward-looking statements can be identified by words such as “forecast,” “future,” “should,” “could,” “enable,” “potential,” “contemplate,” “believe,” “anticipate,” “estimate,” “plan,” “expect,” “intend,” “may,” “project,” “will,” “would” and the negative of these terms or similar expressions, although not all forward-looking statements contain these identifying words. Certain material factors, estimates, goals, projections, or assumptions were used in drawing the conclusions contained in the forward-looking statements throughout this communication. Forward-looking statements include statements regarding our intentions, beliefs, projections, outlook, analyses, or current expectations. Many factors could cause actual results, performance, or achievement to be materially different from any forward-looking statements, and other risks and uncertainties not presently known to the Company or that the Company deems immaterial could also cause actual results or events to differ materially from those expressed in the forward-looking statements contained herein. For a more detailed discussion of these risks and other factors, see the most recently filed annual information form of Tilray and the Annual Report on Form 10-K (and other periodic reports filed with the SEC) of Tilray made with the SEC and available on EDGAR. The forward-looking statements included in this communication are made as of the date of this communication and the Company does not undertake any obligation to publicly update such forward-looking statements to reflect new information, subsequent events, or otherwise unless required by applicable securities laws.
1 Participation includes Tilray-owned BrewDog brewpubs only – does not included franchise locations or BrewDog in Ohio due to local laws.
2 Participation does not include Tilray-owned brewpubs in Oregon due to local laws.
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/e1c1f20e-c185-48fe-8264-e16c9e16d70e
Lyphe Clinic, Tilray’s trusted medical cannabis clinic, will engage veterans, service members and families through its Lyphe for Veterans access programme.
The Aldershot activation highlights Tilray Medical’s commitment to expanding responsible, regulated medical cannabis access across the UK following Tilray Brands’ acquisition of Lyphe Group.
LONDON, June 26, 2026 (GLOBE NEWSWIRE) -- Tilray Medical, a global leader in medical cannabis research, cultivation, production, products and distribution and a division of Tilray Brands, Inc. (“Tilray”) (Nasdaq: TLRY; TSX: TLRY), today announced that Lyphe Clinic Ltd. (“Lyphe”), Tilray’s trusted medical cannabis clinic in the UK, will proudly participate in Armed Forces Weekend1 in Aldershot on June 27–28, 2026, bringing its Lyphe for Veterans access programme directly to one of the UK’s most meaningful community celebrations of military service. The activation underscores Tilray Medical’s commitment to expanding responsible, regulated access to medical cannabis through a connected UK healthcare platform while recognising the unique needs and contributions of the Armed Forces and veteran community.
At the event, Lyphe will host a dedicated stand designed to inform, connect and engage with veterans, service members, families and local organisations. The team will share information on Lyphe for Veterans, Lyphe’s services and the patient journey, creating an opportunity for direct conversation in a setting that celebrates service, community and support.
Rajnish Ohri, President, International, Tilray Brands, stated: “Armed Forces Weekend is an important moment to honour service, celebrate community and deepen awareness of the support available to veterans. Lyphe for Veterans reflects the kind of patient-first innovation we believe can help shape the next chapter of regulated healthcare access in the UK: practical, responsible, clinically led and built around real patient needs. By bringing this programme directly to the veteran community in Aldershot, we are reinforcing Tilray Medical’s commitment to building a more connected healthcare ecosystem that expands access, strengthens trust and supports patients with care and discretion.”
Launched in late 2025, Lyphe for Veterans is open to veterans of any nationality aged 18 or over who reside in the UK or Channel Islands and can provide appropriate proof of veteran status. The programme is designed to remove clinic-related financial barriers and make the path to regulated clinical assessment more straightforward by covering:
Initial consultation feesFollow-up appointment feesSummary Care Record handlingRepeat prescription request and delivery fees through Lyphe Dispensary Aldershot is home to a significant Armed Forces and veteran population, making Armed Forces Weekend a powerful setting to bring awareness, education and access-oriented support closer to the community. The event is anticipated to draw between 20,000 and 40,000 attendees based on comparable gatherings.
Lyphe Clinic became part of Tilray Medical in April 2026, following Tilray Brands’ acquisition of the Lyphe Group. The transaction established a vertically integrated UK medical platform spanning clinical care, dispensing and pharmaceutical distribution. By combining Lyphe’s trusted medical cannabis clinic model and digital patient-access capabilities with Tilray’s established international distribution platform, Tilray Medical is advancing a differentiated healthcare platform built to support more consistent, reliable and responsible medical cannabis access across the UK over time.
More information about the programme is available at https://lyphe.com/lyphe-for-veterans.
About Tilray Medical
Tilray Medical is dedicated to transforming lives and fostering dignity for patients in need through safe and reliable access to a global portfolio of medical cannabis brands, including Tilray Medical, Good Supply, Redecan, ARX, and Broken Coast. Tilray grew from being one of the first companies to become an approved licensed producer of medical cannabis in Canada to building the first GMP-certified cannabis production facilities in Europe, first in Portugal and later in Germany. Today, Tilray Medical is one of the largest suppliers of medical cannabis to patients, physicians, hospitals, pharmacies, researchers, and governments, in 20 countries and across five continents.
For more information on Tilray Medical, visit Tilray Medical Europe, Tilray Medical Canada, and Tilray Medical Australia-New Zealand.
About Tilray Brands
Tilray Brands, Inc. (“Tilray”) (Nasdaq: TLRY; TSX: TLRY), is a leading global lifestyle and consumer packaged goods company with operations in Canada, the United States, Europe, Australia, and Latin America that is leading as a transformative force at the nexus of cannabis, beverage, wellness, and entertainment, elevating lives through moments of connection. Tilray’s mission is to be a leading premium lifestyle company with a house of brands and innovative products that inspire joy and create memorable experiences. Tilray’s unprecedented platform supports over 40 brands in over 20 countries, including comprehensive cannabis offerings, hemp-based foods, and craft beverages.
For more information on how we are elevating lives through moments of connection, visit Tilray.com and follow @Tilray on all social platforms.
Forward-Looking Statements
Certain statements in this communication that are not historical facts constitute forward-looking information or forward-looking statements (together, “forward-looking statements”) under Canadian securities laws and within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, that are intended to be subject to the “safe harbor” created by those sections and other applicable laws. Forward-looking statements can be identified by words such as “forecast,” “future,” “should,” “could,” “enable,” “potential,” “contemplate,” “believe,” “anticipate,” “estimate,” “plan,” “expect,” “intend,” “may,” “project,” “will,” “would” and the negative of these terms or similar expressions, although not all forward-looking statements contain these identifying words. Certain material factors, estimates, goals, projections, or assumptions were used in drawing the conclusions contained in the forward-looking statements throughout this communication. Forward-looking statements include statements regarding our intentions, beliefs, projections, outlook, analyses, or current expectations concerning, among other things, the Company’s ability to commercialize new and innovative products worldwide. Many factors could cause actual results, performance, or achievement to be materially different from any forward-looking statements, and other risks and uncertainties not presently known to the Company or that the Company deems immaterial could also cause actual results or events to differ materially from those expressed in the forward-looking statements contained herein. Forward‑looking statements in this communication also include statements regarding the Company’s market positioning, ability to meet evolving medical cannabis demand in regulated pharmaceutical environments, and expectations concerning the effectiveness of strategic partnerships. For a more detailed discussion of these risks and other factors, see the most recently filed annual information form of Tilray and the Annual Report on Form 10-K (and other periodic reports filed with the SEC) of Tilray made with the SEC and available on EDGAR. The forward-looking statements included in this communication are made as of the date of this communication and the Company does not undertake any obligation to publicly update such forward-looking statements to reflect new information, subsequent events, or otherwise unless required by applicable securities laws.
In the latest trading session, Tilray Brands, Inc. (TLRY - Free Report) closed at $4.46, marking a -2.83% move from the previous day. The stock's performance was behind the S&P 500's daily loss of 0.01%. Elsewhere, the Dow saw an upswing of 0.14%, while the tech-heavy Nasdaq depreciated by 0.46%.
Shares of the company witnessed a loss of 17.3% over the previous month, trailing the performance of the Medical sector with its gain of 2.92%, and the S&P 500's loss of 1.4%.
Market participants will be closely following the financial results of Tilray Brands, Inc. in its upcoming release. In that report, analysts expect Tilray Brands, Inc. to post earnings of -$0.01 per share. This would mark a year-over-year decline of 105%. At the same time, our most recent consensus estimate is projecting a revenue of $268.17 million, reflecting a 19.43% rise from the equivalent quarter last year.
For the full year, the Zacks Consensus Estimates are projecting earnings of -$0.58 per share and revenue of $885.3 million, which would represent changes of -680% and +7.79%, respectively, from the prior year.
It is also important to note the recent changes to analyst estimates for Tilray Brands, Inc. These revisions help to show the ever-changing nature of near-term business trends. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits.
Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system.
The Zacks Rank system, running from #1 (Strong Buy) to #5 (Strong Sell), holds an admirable track record of superior performance, independently audited, with #1 stocks contributing an average annual return of +25% since 1988. The Zacks Consensus EPS estimate remained stagnant within the past month. Tilray Brands, Inc. is currently a Zacks Rank #3 (Hold).
The Medical - Products industry is part of the Medical sector. At present, this industry carries a Zacks Industry Rank of 160, placing it within the bottom 35% of over 250 industries.
The Zacks Industry Rank assesses the vigor of our specific industry groups by computing the average Zacks Rank of the individual stocks incorporated in the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Remember to apply Zacks.com to follow these and more stock-moving metrics during the upcoming trading sessions.
Opening set for Saturday 27th June, featuring live music, entertainment and a sample pint on the house for the first 100 guests1
New Community Champions model will support local initiatives, events, fundraising, partnerships and wider community engagement
ELLON, Scotland, June 25, 2026 (GLOBE NEWSWIRE) -- Scottish craft brewer BrewDog, by Tilray Brands, Inc., will reopen BrewDog Inverurie on Saturday 27th June as a community-first venue with a new Community Champions model designed to support local events, initiatives, fundraising and partnerships.
Located at 16 Market Place, BrewDog Inverurie has been reimagined to give local residents and community groups a formal voice in the bar’s local programming and community activity. Local businesses and community leaders have been invited to a ribbon-cutting ceremony from 6.30pm on Friday 26th June to mark the reopening.
BrewDog will continue to own and operate the bar day to day, while the new Community Champions model will bring together local residents, OG Punks and local organisations to help shape events, programming and opportunities for the venue to support community initiatives. BrewDog plans to pilot the model at Inverurie before exploring its potential across other UK bars.
The Community Champions model will initially operate on a trial basis for up to one year from reopening, helping BrewDog learn the right long-term balance between BrewDog-led operations and community-led engagement. The reopening builds on strong local support for the bar. Inverurie residents submitted a formal proposal to BrewDog outlining what the venue means to the community and how it could play a renewed role locally. Inverurie has long been one of BrewDog’s most engaged communities in the UK.
The public reopening celebration will begin at midday on Saturday 27th June and continue throughout the day, with live music and entertainment. The first 100 guests through the door will receive a sample pint of a BrewDog headliner beer or new release on the house, available on a first come, first served basis.
Lauren Carrol, Chief Commercial Officer, BrewDog, said: “Inverurie did something remarkable: the community came to us. Local residents put together a proposal and showed us what this bar means to them, so we listened and put a plan in place to reopen. The people of Inverurie have always been a special part of BrewDog’s story, and it is only right that they now have a voice in shaping what happens inside their local bar. This is the beginning of a model we hope to grow.”
The reopening comes as BrewDog continues to refresh its UK bars experience. The company recently announced the UK launch of 24 Tilray-owned American craft beers, bringing a wider range of well-known US craft beer brands to BrewDog bars. BrewDog has also rolled out a new food and drink menu, including new signature burgers, an expanded plant-based range, upgraded sides, a refreshed Melts & Subs selection and a new spirits line-up.
About BrewDog
BrewDog, the #1 craft beer brand in the UK, has always had one mission: making people as passionate about great beer as we are.
From iconic classics like Punk IPA, to crowd-pleasers like Lost Lager and Wingman, to boundary-pushing innovations like NanoDog, BrewDog has been brewing bold, distinctive beers since 2007. Born in Scotland and built by a passionate community of beer lovers, BrewDog has grown into one of the world’s most recognizable craft beer brands, with a global presence spanning breweries, bars and distribution across multiple international markets. BrewDog’s future will continue to be shaped by the three things that matter most: People, Planet and Beer.
For more information, visit www.brewdog.com or follow @BrewDog on social media.
About Tilray Brands
Tilray Brands, Inc. (“Tilray”) (Nasdaq: TLRY; TSX: TLRY), is a leading global lifestyle and consumer packaged goods company with operations in Canada, the United States, Europe and Latin America that is leading as a transformative force at the nexus of cannabis, beverage, wellness, and entertainment elevating lives through moments of connection. Tilray’s mission is to be a leading premium lifestyle company with a house of brands and innovative products that inspire joy and create memorable experiences. Tilray’s unprecedented platform supports over 40 brands in over 20 countries, including comprehensive cannabis offerings, hemp-based foods and craft beverages.
For more information on how we are elevating lives through moments of connection, visit
Tilray.com and follow @Tilray on all social platforms.
Forward-Looking Statements
Certain statements in this communication that are not historical facts constitute forward-looking information or forward-looking statements (together, “forward-looking statements”) under Canadian and U.S. securities laws and within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, that are intended to be subject to the “safe harbor” created by those sections and other applicable laws. Forward-looking statements can be identified by words such as “forecast,” “future,” “should,” “could,” “enable,” “potential,” “contemplate,” “believe,” “anticipate,” “estimate,” “plan,” “expect,” “intend,” “may,” “project,” “will,” “would” and the negative of these terms or similar expressions, although not all forward-looking statements contain these identifying words. Certain material factors, estimates, goals, projections, or assumptions were used in drawing the conclusions contained in the forward-looking statements throughout this communication. Forward-looking statements include statements regarding our intentions, beliefs, projections, outlook, analyses, or current expectations. Many factors could cause actual results, performance, or achievement to be materially different from any forward-looking statements, and other risks and uncertainties not presently known to the Company or that the Company deems immaterial could also cause actual results or events to differ materially from those expressed in the forward-looking statements contained herein. For a more detailed discussion of these risks and other factors, see the most recently filed annual information form of Tilray and the Annual Report on Form 10-K (and other periodic reports filed with the SEC) of Tilray made with the SEC and available on EDGAR. The forward-looking statements included in this communication are made as of the date of this communication and the Company does not undertake any obligation to publicly update such forward-looking statements to reflect new information, subsequent events, or otherwise unless required by applicable securities laws.
MONTAUK, N.Y., June 25, 2026 (GLOBE NEWSWIRE) -- Montauk Brewing Co., the coastal lifestyle brand known for bringing the spirit of Montauk to craft beer and a craft beer brand by Tilray Brands, Inc. (NASDAQ: TLRY and TSX: TLRY), is raising a glass to 14 years of fresh beer, surf culture and summer moments with an anniversary celebration at its iconic red Brew Barn in Montauk, NY.
Set in one of the world’s most beloved summer destinations, Montauk Brewing’s anniversary weekend brings together everything the brand stands for: first waves, beach days, good friends, fresh beer, local flavor and a come-as-you-are energy shaped by the surfers, fishermen, small business owners, artists, makers, locals and longtime fans who give Montauk its soul. The celebration begins on Wednesday, June 24, with the canning of Jalapeño Watermelon Ale, a limited Anniversary Brew Barn release available on tap and in 4-packs at the Brew Barn while supplies last.
14th Anniversary Celebration Details:
Saturday, June 27 10 a.m.–12 p.m.: Kick off the day with a community beach cleanup alongside the Eastern Long Island Chapter of Surfrider Foundation12 p.m.–close: Head to the Brew Barn for a full-day anniversary party featuring: A surfboard raffle benefiting Surfrider FoundationThe official release of limited-edition Jalapeño Watermelon AlePatio pizza for purchase from local favorite Fiero’sOngoing summer soccer coverage streaming throughout the day “Montauk Brewing has always been more than beer — it is a symbol of summer, surf and the easygoing coastal lifestyle that makes Montauk one of the world’s most iconic seasonal destinations,” said Vaughan Cutillo, co-founder of Montauk Brewing Co. “For 14 years, our red Brew Barn has been woven into the daily rhythm of this community: surfers stopping in sandy-footed after a morning session, neighbors catching up after work, visitors finding their first Montauk moment, and friends gathering before sunset. This anniversary celebrates the people who built us, the coastline that inspires us and the shared summer rituals that make Montauk feel like home no matter where our fans come from.”
About the Anniversary Brew:
Jalapeño Watermelon Ale is made for peak Montauk summer: bright watermelon character, a crisp finish and a subtle jalapeño kick that brings just the right amount of heat. The limited release will be available exclusively at the Montauk Brew Barn on tap and in 4-packs while supplies last.
Guests are invited to start the day side by side with the local community at the beach cleanup before heading back to the Brew Barn for fresh beer, patio pizza, surfboard signing, soccer viewing and a surfboard raffle benefiting the Eastern Long Island Chapter of Surfrider Foundation — a full-circle celebration of the beach, surf and hometown spirit that have shaped Montauk Brewing since day one.
As Montauk heads into its biggest season of the year, Montauk Brewing is also preparing to bring its coastal energy to a second location in the village of Port Jefferson next month. Follow Montauk Brewing Co. on Instagram for the most up-to-date details on opening dates, times and events.
About Montauk Brewing Company
Montauk Brewing Company (“Montauk Brewing”), founded in 2012 by longtime friends, embraces the motto “Come as You Are,” honoring adventure, surf culture, local community and the simple pleasures of coastal living. From its iconic red Brew Barn in downtown Montauk, located just steps from the surf, Montauk Brewing has grown from a hometown favorite into a lifestyle brand shaped by the people and places around it — beach crews, local regulars, weekenders, artists, makers and everyone drawn to the open, unpretentious spirit of the East End.
Rooted in summer, community and the no-frills good life, Montauk Brewing invites consumers to chase their wave, pull up a stool, share a round and carry the feeling of Montauk wherever the season takes them.
For further information about Montauk Brewing Company, please visit www.montaukbrewco.com and follow @montaukbrewc on all social media platforms.
About Tilray Brands
Tilray Brands, Inc. (“Tilray”) (Nasdaq: TLRY; TSX: TLRY), is a leading global lifestyle and consumer packaged goods company with operations in Canada, the United States, Europe, Australia, and Latin America that is leading as a transformative force at the nexus of cannabis, beverage, wellness, and entertainment, elevating lives through moments of connection. Tilray’s mission is to be a leading premium lifestyle company with a house of brands and innovative products that inspire joy and create memorable experiences. Tilray’s unprecedented platform supports over 40 brands in over 20 countries, including comprehensive cannabis offerings, hemp-based foods, and craft beverages.
For more information on how we are elevating lives through moments of connection, visit Tilray.com and follow @Tilray on all social platforms.
Forward-Looking Statements
Certain statements in this communication that are not historical facts constitute forward-looking information or forward-looking statements (together, “forward-looking statements”) under Canadian and U.S. securities laws and within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, that are intended to be subject to the “safe harbor” created by those sections and other applicable laws. Forward-looking statements can be identified by words such as “forecast,” “future,” “should,” “could,” “enable,” “potential,” “contemplate,” “believe,” “anticipate,” “estimate,” “plan,” “expect,” “intend,” “may,” “project,” “will,” “would” and the negative of these terms or similar expressions, although not all forward-looking statements contain these identifying words. Certain material factors, estimates, goals, projections, or assumptions were used in drawing the conclusions contained in the forward-looking statements throughout this communication. Forward-looking statements include statements regarding our intentions, beliefs, projections, outlook, analyses, or current expectations. Many factors could cause actual results, performance, or achievement to be materially different from any forward-looking statements, and other risks and uncertainties not presently known to the Company or that the Company deems immaterial could also cause actual results or events to differ materially from those expressed in the forward-looking statements contained herein. For a more detailed discussion of these risks and other factors, see the most recently filed annual information form of Tilray and the Annual Report on Form 10-K (and other periodic reports filed with the SEC) of Tilray made with the SEC and available on EDGAR. The forward-looking statements included in this communication are made as of the date of this communication and the Company does not undertake any obligation to publicly update such forward-looking statements to reflect new information, subsequent events, or otherwise unless required by applicable securities laws.
Refresh Your Energy with Hi*Ball Sparkling Energy Water, a bold new energy drink powered by natural caffeine and functional ingredients, with zero sugar, zero calories, and zero compromise.
Hi*Ball Debuts at Barcode Festival Ahead of Nationwide UK Rollout
LONDON, June 18, 2026 (GLOBE NEWSWIRE) -- Hi*Ball Energy, the sparkling energy water brand delivering clean, refreshing energy without sugar, calories, or artificial sweeteners, from Tilray Brands, Inc. (NASDAQ: TLRY; TSX: TLRY), has officially arrived in the United Kingdom.
Available now through Amazon UK and www.BrewDog.com, Hi*Ball offers a refreshing alternative to traditional energy drinks and coffee. Each 330ml can combines sparkling water with 100mg of natural caffeine1, B vitamins (B3, B5, B6 and B12), guarana, and ginseng to help consumers power through busy days—while remaining free from sugar, calories, and artificial sweeteners.
Functional and energy occasions continue to grow as consumers seek more than basic hydration from soft drinks, with health playing an increasingly important role in purchase decisions at the chiller. As a result, Functional Energy and water are among the fastest-growing sectors in the UK soft drinks category. At the same time, over a third of UK energy drink consumers say traditional options contain too much sugar, calories, or artificial ingredients2, driving demand for beverages made with cleaner ingredients and added functional benefits.
Against this backdrop, Hi*Ball is designed to meet the evolving needs of today’s energy consumer. Whether it’s an early morning commute, an afternoon workout, a demanding workday, or life on the go, Hi*Ball offers a lighter, cleaner source of energy that fits modern lifestyles. Built to meet this growing demand, it delivers a refreshing and functional energy experience. With 78% of energy drink consumers drawn to natural ingredients and 43% saying they would try Hi*Ball as a cleaner alternative energy drink3, the UK launch creates a strong opportunity to premiumise and expand the energy drink occasion.
Rajnish Ohri, President, International, Tilray Brands, said, “Hi*Ball’s launch in the UK is more than a market entry; it reflects where the energy category is headed. Consumers are moving beyond legacy energy drinks in search of options that deliver refreshment, functionality, and convenience in a cleaner, more modern format. With Hi*Ball, we are helping shape the next generation of energy beverages and raise the standard for what consumers can expect from the category. As we expand across the UK and build shelf presence, our teams are also advancing plans to take the brand across Europe, the Middle East, Africa, and Asia Pacific.”
Full line-up and recommended retail pricing (available from Amazon and BrewDog.com):
Hi*Ball Peach 330ml single can RSP £1.90 (cases of 12)Hi*Ball Wild Berry 330ml single can RSP £1.90 (cases of 12)Hi*Ball Lemon Lime 330ml single can RSP £1.90 (cases of 12)Hi*Ball Vanilla 330ml single can RSP £1.90 (cases of 12) To celebrate its UK launch, Hi*Ball will make its debut at Barcode Festival on July 2, where thousands of retail, grocery, convenience, and FMCG professionals will have the opportunity to experience the brand firsthand through sampling and activation experiences. To stay up to date follow Hi*Ball UK on Instagram at Drinkhiball_UK or visit https://www.drinkhiball.co.uk/.
About Hi*Ball Energy
Hi*Ball Energy is a sparkling energy water brand delivering clean, refreshing energy from premium ingredients. Each can contains natural caffeine, guarana, ginseng, and B vitamins while remaining free from sugar, calories, artificial sweeteners, and preservatives. Available in a range of fruit-forward flavours, Hi*Ball provides energy and refreshment for today’s active, health-conscious consumers.
About Tilray Brands
Tilray Brands, Inc. (“Tilray”) (Nasdaq: TLRY; TSX: TLRY), is a leading global lifestyle and consumer packaged goods company with operations in Canada, the United States, Europe, Australia and Latin America that is leading as a transformative force at the nexus of cannabis, beverage, wellness, and entertainment elevating lives through moments of connection. Tilray’s mission is to be a leading premium lifestyle company with a house of brands and innovative products that inspire joy and create memorable experiences. Tilray’s unprecedented platform supports over 40 brands in over 20 countries, including comprehensive cannabis offerings, hemp-based foods and craft beverages.
For more information on how we are elevating lives through moments of connection, visit Tilray.com and follow @Tilray on all social platforms.
Forward-Looking Statements
Certain statements in this communication that are not historical facts constitute forward-looking information or forward-looking statements (together, “forward-looking statements”) under Canadian and U.S. securities laws and within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, that are intended to be subject to the “safe harbor” created by those sections and other applicable laws. Forward-looking statements can be identified by words such as “forecast,” “future,” “should,” “could,” “enable,” “potential,” “contemplate,” “believe,” “anticipate,” “estimate,” “plan,” “expect,” “intend,” “may,” “project,” “will,” “would” and the negative of these terms or similar expressions, although not all forward-looking statements contain these identifying words. Certain material factors, estimates, goals, projections, or assumptions were used in drawing the conclusions contained in the forward-looking statements throughout this communication. Forward-looking statements include statements regarding our intentions, beliefs, projections, outlook, analyses, or current expectations. Many factors could cause actual results, performance, or achievement to be materially different from any forward-looking statements, and other risks and uncertainties not presently known to the Company or that the Company deems immaterial could also cause actual results or events to differ materially from those expressed in the forward-looking statements contained herein. For a more detailed discussion of these risks and other factors, see the most recently filed annual information form of Tilray and the Annual Report on Form 10-K (and other periodic reports filed with the SEC) of Tilray made with the SEC and available on EDGAR. The forward-looking statements included in this communication are made as of the date of this communication and the Company does not undertake any obligation to publicly update such forward-looking statements to reflect new information, subsequent events, or otherwise unless required by applicable securities laws.
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/42e6bdaa-3a20-498e-ab74-a838ab27bd4e
________________________________
1 High caffeine content. Not recommended for children or pregnant or breast-feeding women (32mg/100ml)
2 Quantitative consumer research study conducted among UK energy drink consumers by Focal Data, October 2025 (n=1,382)
3 Quantitative consumer research study conducted among UK energy drink consumers by Focal Data, October 2025 (n=1,382)
BRECKENRIDGE, Colo., June 18, 2026 (GLOBE NEWSWIRE) -- Breckenridge Distillery, one of the most-awarded craft distilleries in the U.S., and a subsidiary of Tilray Brands, Inc. (NASDAQ: TLRY and TSX: TLRY), today announced the limited release of its Breckenridge Distillery Single Barrel Bourbon Collection. These single barrel releases are an invitation to experience Breckenridge Bourbon in its most honest form; unblended, thoughtfully proofed, and defined by the barrel itself.
Each barrel was hand-selected for its ability to stand entirely on its own, showcasing flavors that are complete, balanced, and compelling. All twelve expressions are aged a minimum of five years, developing depth and character through Colorado’s unique aging environment, where temperature swings and high-altitude conditions push the whiskey deeper into the wood with every season.
Rather than bottling at a fixed proof, each barrel is proofed by hand to highlight what that specific cask does best. The goal is simple: to find the proof point where aroma, texture, and flavor are most expressive. Depending on the barrel, drinkers may discover notes of rich butterscotch, candied orange, chocolate or cacao, warm holiday spice, or other nuanced flavors shaped entirely by time, wood, and climate. No two barrels are exactly alike.
“Every Single Barrel we release tells its own story. From grain to bottle, we let each barrel evolve naturally, then find the exact proof where its character shines—no blending, no shortcuts, just whiskey as it was meant to be experienced,” says Hans Stafsholt Master Distiller at Breckenridge Distillery. “Every barrel holds a moment in time. With Single Barrel, we honor that moment—selecting each cask for its individuality, then bottling it exactly as it wants to be tasted.”
Release Details
This limited release features 12 single barrels, each presented at a unique proof between 100.4 and 120.5, capturing the individuality of every cask. Detailed by barrel number, proof, and bottle count, each bottle stands as a true, singular snapshot of the whiskey’s character.
MSRP: $69.99–$89.99
The Breckenridge Distillery Single Barrel Bourbon Collection will be available in Colorado local retailers starting June 17, 2026. Quantities are extremely limited. For more information about Breckenridge Distillery, visit www.breckenridgedistillery.com and click here to find retailers near you. Follow Breckenridge Distillery on Instagram @breckdistillery and become a fan at facebook.com/BreckDistillery. Age 21+. Always enjoy responsibly.
About Breckenridge Distillery
Founded in Colorado in 2008, Breckenridge Distillery is the “World’s Highest Distillery,” and is best known for its award-winning blended bourbon whiskey, a high-rye mash American-style whiskey. One of the most highly awarded distilleries in the U.S., the Breckenridge Distillery is proudly a 3x Icons of Whisky and 10x winner of Best American Blended at the World Whiskies Awards by Whisky Magazine and a 4x winner of Colorado Distillery of the Year by the New York International Spirits Competition. Most recently, Breckenridge Port Cask Finish was named World’s Best Finished Bourbon at the 2024 World Whiskies Awards, joining Breckenridge High Proof, named World’s Best Blended Whiskey, and Breckenridge Gin, named World’s Best Compound Gin at the World Gin Awards by Gin Magazine. Breckenridge spirits have been awarded 6 Double Golds at the San Francisco World Spirits Competition.
The Breckenridge Distillery is more than award-winning spirits, offering an immersive guest experience. Named one of the country’s Top Visitor Attractions by Whisky Magazine, guests can dine at the award-winning restaurant, enjoy show-stopping cocktails, explore an in-depth tasting, and get an inside look at the active production facility—including the opportunity to blend their own whiskey.
Breckenridge Distillery is a subsidiary of Tilray Brands, Inc. (NASDAQ: TLRY and TSX: TLRY), a leading global cannabis-lifestyle and consumer packaged goods company inspiring and empowering the worldwide community to live their very best life.
To learn more about Breckenridge Distillery, visit www.breckenridgedistillery.com. Keep up with Breckenridge Distillery on Instagram by following @breckdistillery and become a fan at facebook.com/BreckDistillery. For more information about Tilray Brands, visit www.tilray.com and follow @tilray on Instagram, Twitter, Facebook, and LinkedIn.
About Tilray Brands
Tilray Brands, Inc. (“Tilray”) (Nasdaq: TLRY; TSX: TLRY), is a leading global lifestyle and consumer packaged goods company with operations in Canada, the United States, Europe, Australia, and Latin America that is leading as a transformative force at the nexus of cannabis, beverage, wellness, and entertainment, elevating lives through moments of connection. Tilray’s mission is to be a leading premium lifestyle company with a house of brands and innovative products that inspire joy and create memorable experiences. Tilray’s unprecedented platform supports over 40 brands in over 20 countries, including comprehensive cannabis offerings, hemp-based foods, and craft beverages.
For more information on how we are elevating lives through moments of connection, visit Tilray.com and follow @Tilray on all social platforms
Forward-Looking Statements
Certain statements in this communication that are not historical facts constitute forward-looking information or forward-looking statements (together, “forward-looking statements”) under Canadian and U.S. securities laws and within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, that are intended to be subject to the “safe harbor” created by those sections and other applicable laws. Forward-looking statements can be identified by words such as “forecast,” “future,” “should,” “could,” “enable,” “potential,” “contemplate,” “believe,” “anticipate,” “estimate,” “plan,” “expect,” “intend,” “may,” “project,” “will,” “would” and the negative of these terms or similar expressions, although not all forward-looking statements contain these identifying words. Certain material factors, estimates, goals, projections, or assumptions were used in drawing the conclusions contained in the forward-looking statements throughout this communication. Forward-looking statements include statements regarding our intentions, beliefs, projections, outlook, analyses, or current expectations. Many factors could cause actual results, performance, or achievement to be materially different from any forward-looking statements, and other risks and uncertainties not presently known to the Company or that the Company deems immaterial could also cause actual results or events to differ materially from those expressed in the forward-looking statements contained herein. For a more detailed discussion of these risks and other factors, see the most recently filed annual information form of Tilray and the Annual Report on Form 10-K (and other periodic reports filed with the SEC) of Tilray made with the SEC and available on EDGAR. The forward-looking statements included in this communication are made as of the date of this communication and the Company does not undertake any obligation to publicly update such forward-looking statements to reflect new information, subsequent events, or otherwise unless required by applicable securities laws.
Tilray Brands' (TLRY +0.98%) stock rose dramatically after its initial public offering, then plunged, tracking the broader marijuana sector's rise and fall. The huge growth that Wall Street had hoped for simply didn't materialize, and investors moved on. But Tilray is still around and, more to the point, is repositioning its business for the long term. Is now a good time to buy it?
What does Tilray Brands do? Tilray Brands started life as a marijuana company. It is still doing that, but it has branched out. The company now describes itself as "a global lifestyle and consumer packaged goods company," with operations in cannabis, beverages, and hemp-based foods. In the beverage space, it recently acquired BrewDog, a craft brewer that also operates physical bars/restaurants.
Image source: Getty Images.
Acquisitions have played a big role in the company's business pivot. Tilray is a relatively small company with a market cap of roughly $500 million. Execution risk is something that investors need to monitor closely, since it is fairly easy for management at a small company to get stretched too thin. For example, the purchase of BrewDog required multiple transactions spread across three countries. And Brew Dog was bought out of administration, which is the U.K. version of bankruptcy, so it wasn't exactly a strongly performing business. Simply put, Tilray is making bold moves. So far, however, management appears to be executing its plans reasonably well.
At this point, Tilray is looking more and more like a consumer staples company and a brand manager. It is an interesting pivot that could lead to a material long-term opportunity for investors. Indeed, the company now has more diversification, and the new business lines aren't as politically and legally complex as pot. Notably, the company reported record revenues backed by 11% organic growth in the fiscal third quarter of 2026.
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What it didn't report was positive earnings. In fact, it has never reported positive earnings in its entire existence as a public company. So, from a big picture perspective, Tilray is still a money-losing start-up.
Tilray: Right direction, more time needed For aggressive growth investors, a deep dive into Tilray's business might be well worth the effort. There are interesting and positive things happening as the company reworks its business model. However, most investors should probably watch the company from the sidelines. Until it is proven that the revamped business is sustainably profitable, the risk/reward balance will remain tilted toward risk.
ELLON, Scotland, June 22, 2026 (GLOBE NEWSWIRE) -- Scottish brewer BrewDog, owned by Tilray Brands, Inc. (NASDAQ: TLRY; TSX: TLRY), today announced record fan turnout and double-digit sales growth across its UK bar network, as supporters turn BrewDog venues into high-energy destinations during the FIFA World Cup™ football tournament this summer.
Across key UK locations, BrewDog bars are delivering double-digit growth on tournament match days, fuelled by packed venues, strong food and beverage sales, and rising demand for premium craft beer experiences that combine live sport, hospitality, and community.
As temperatures rise across the UK, BrewDog bars have also become a welcome oasis for fans looking to beat the heat while watching every moment of the tournament. With expansive indoor viewing areas, powerful air conditioning, cold beer, and wall-to-wall match coverage, BrewDog venues are giving supporters a lively, comfortable place to gather, celebrate, and stay cool throughout the competition.
The tournament has further accelerated demand for Tilray’s American craft beer portfolio across BrewDog’s UK business, underscoring the growing appetite for American craft beer among UK consumers. Within the first week of tournament play, consumer favourites including SweetWater Brewing Company, Montauk Brewing Company, and Blue Point Brewing Company sold through their initial inventory allocations across both BrewDog bars and e-commerce channels, prompting immediate reorders to keep pace with demand.
The performance points to a broader consumer trend as more UK beer drinkers discover and embrace American craft beer styles, while early excitement around Tilray’s Hi*Ball Energy Drink launch in the UK further highlights the strength of BrewDog’s platform to introduce distinctive beverage brands to consumers. Momentum is coming from both on-premise discovery in BrewDog bars and online purchases, demonstrating the growing reach of Tilray’s expanding global beverage platform and the strength of BrewDog as a launchpad for distinctive beer and beverage brands.
At the same time, BrewDog’s own portfolio continues to anchor the category, with flagship brands including Punk IPA remaining among the top-selling beers throughout the tournament period. As the #1 craft beer brand in the UK, BrewDog continues to attract consumers seeking quality, innovation, and memorable beer experiences.
Fans are choosing BrewDog for its large-screen viewing experiences, electric atmosphere, award-winning beer selection, air-conditioned comfort, and unmatched matchday energy.
At BrewDog Waterloo, the UK’s largest bar, thousands of supporters have gathered to watch tournament action in an atmosphere that blends stadium-level excitement with BrewDog’s renowned hospitality. Across the network, fans are arriving early, staying longer, and turning match days into all-day social occasions centred around great beer, food, and community.
Lauren Carrol, Chief Commercial Officer, BrewDog, said, “This is exactly what great hospitality should look like: people coming together to share unforgettable moments over exceptional beer. The tournament has created a tremendous platform, but the demand we’re seeing for American craft beer extends well beyond match days. SweetWater, Montauk and Blue Point sold through their initial allocations within days, we’ve already reordered inventory, and consumers continue to discover these brands both online and in our bars. Combined with the continued strength of Punk IPA and our core BrewDog portfolio, it’s a powerful reflection of the health of the craft beer category and the strength of our platform.”
Carrol added, “The world’s biggest sporting moments have always had the power to bring people together. What we’re seeing this summer reinforces the enduring role bars play as gathering places for communities. Fans aren’t just watching the matches; they’re creating memories, celebrating together, and making BrewDog part of those experiences.”
The momentum underscores the enduring appeal of live sports and the important role bars play in bringing communities together. As fans seek memorable experiences beyond watching matches at home, BrewDog’s bars have become destinations where supporters can celebrate, connect, and be part of something bigger.
With tournament action continuing throughout the summer, BrewDog expects continued momentum across its bar network as fans seek premier destinations to watch the world’s game, enjoy exceptional beer, discover new American craft favourites, and beat the heat.
About BrewDog
BrewDog, the #1 craft beer brand in the UK, has always had one mission: making people as passionate about great beer as we are.
From iconic classics like Punk IPA, to crowd-pleasers like Lost Lager and Wingman, to boundary-pushing innovations like NanoDog, BrewDog has been brewing bold, distinctive beers since 2007. Born in Scotland and built by a passionate community of beer lovers, BrewDog has grown into one of the world’s most recognizable craft beer brands, with a global presence spanning breweries, bars and distribution across multiple international markets. BrewDog’s future will continue to be shaped by the three things that matter most: People, Planet and Beer.
For more information, visit www.brewdog.com or follow @BrewDog on social media.
About Tilray Brands
Tilray Brands, Inc. (“Tilray”) (Nasdaq: TLRY; TSX: TLRY), is a leading global lifestyle and consumer packaged goods company with operations in Canada, the United States, Europe, Australia and Latin America that is leading as a transformative force at the nexus of cannabis, beverage, wellness, and entertainment elevating lives through moments of connection. Tilray’s mission is to be a leading premium lifestyle company with a house of brands and innovative products that inspire joy and create memorable experiences. Tilray’s unprecedented platform supports over 40 brands in over 20 countries, including comprehensive cannabis offerings, hemp-based foods and craft beverages.
For more information on how we are elevating lives through moments of connection, visit
Tilray.com and follow @Tilray on all social platforms.
Forward-Looking Statements
Certain statements in this communication that are not historical facts constitute forward-looking information or forward-looking statements (together, “forward-looking statements”) under Canadian and U.S. securities laws and within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, that are intended to be subject to the “safe harbor” created by those sections and other applicable laws. Forward-looking statements can be identified by words such as “forecast,” “future,” “should,” “could,” “enable,” “potential,” “contemplate,” “believe,” “anticipate,” “estimate,” “plan,” “expect,” “intend,” “may,” “project,” “will,” “would” and the negative of these terms or similar expressions, although not all forward-looking statements contain these identifying words. Certain material factors, estimates, goals, projections, or assumptions were used in drawing the conclusions contained in the forward-looking statements throughout this communication. Forward-looking statements include statements regarding our intentions, beliefs, projections, outlook, analyses, or current expectations. Many factors could cause actual results, performance, or achievement to be materially different from any forward-looking statements, and other risks and uncertainties not presently known to the Company or that the Company deems immaterial could also cause actual results or events to differ materially from those expressed in the forward-looking statements contained herein. For a more detailed discussion of these risks and other factors, see the most recently filed annual information form of Tilray and the Annual Report on Form 10-K (and other periodic reports filed with the SEC) of Tilray made with the SEC and available on EDGAR. The forward-looking statements included in this communication are made as of the date of this communication and the Company does not undertake any obligation to publicly update such forward-looking statements to reflect new information, subsequent events, or otherwise unless required by applicable securities laws.
Tilray Brands, Inc. (TLRY - Free Report) ended the recent trading session at $4.59, demonstrating a -2.96% change from the preceding day's closing price. This change lagged the S&P 500's daily loss of 0.37%. Meanwhile, the Dow experienced a rise of 0.29%, and the technology-dominated Nasdaq saw a decrease of 1.33%.
The company's stock has dropped by 10.59% in the past month, falling short of the Medical sector's gain of 1.49% and the S&P 500's gain of 2.02%.
Market participants will be closely following the financial results of Tilray Brands, Inc. in its upcoming release. The company is expected to report EPS of -$0.01, down 105% from the prior-year quarter. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $268.17 million, up 19.43% from the year-ago period.
Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of -$0.58 per share and revenue of $885.3 million. These totals would mark changes of -680% and +7.79%, respectively, from last year.
Investors might also notice recent changes to analyst estimates for Tilray Brands, Inc. These latest adjustments often mirror the shifting dynamics of short-term business patterns. Therefore, positive revisions in estimates convey analysts' confidence in the business performance and profit potential.
Our research shows that these estimate changes are directly correlated with near-term stock prices. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system.
The Zacks Rank system, stretching from #1 (Strong Buy) to #5 (Strong Sell), has a noteworthy track record of outperforming, validated by third-party audits, with stocks rated #1 producing an average annual return of +25% since the year 1988. Over the past month, there's been no change in the Zacks Consensus EPS estimate. Currently, Tilray Brands, Inc. is carrying a Zacks Rank of #3 (Hold).
The Medical - Products industry is part of the Medical sector. Currently, this industry holds a Zacks Industry Rank of 164, positioning it in the bottom 33% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Don't forget to use Zacks.com to keep track of all these stock-moving metrics, and others, in the upcoming trading sessions.
Top 3 Canadian Marijuana Stocks to Watch in June 2026 The Canadian cannabis sector continues to evolve in 2026. Several leading companies are improving profitability while expanding international operations. At the same time, investors remain focused on revenue growth, cash flow, and market share gains. As legalization efforts continue globally, Canadian operators remain positioned to benefit from new opportunities.
Among the most closely watched names are Tilray Brands, Canopy Growth, and Village Farms International. Each company has developed a unique strategy. Furthermore, each maintains exposure to important cannabis markets inside and outside Canada. Their latest financial results also suggest improving operating performance. Therefore, these three companies deserve attention from cannabis investors during June 2026.
[Read More] 3 Marijuana Stocks To Watch In 2026 That Could Soon Rise In Trading
Best Canadian Cannabis Stocks for Investors in June 2026 Tilray Brands (NASDAQ: TLRY) Canopy Growth Corporation (NASDAQ: CGC) Village Farms International (NASDAQ: VFF) Tilray Brands (NASDAQ: TLRY) Tilray Brands remains one of the largest cannabis companies in Canada. The company operates across cannabis, beverage, wellness, and pharmaceutical markets. Additionally, Tilray maintains a significant presence throughout North America and Europe. Its cannabis brands include Broken Coast, Good Supply, RIFF, and Redecan. The company also owns several beverage businesses in the United States.
Unlike many U.S. multi-state operators, Tilray does not currently operate dispensaries across the United States. Instead, it has focused on building beverage distribution networks and medical cannabis infrastructure. This strategy could provide a foundation for future cannabis expansion if federal regulations change. Furthermore, Tilray continues to strengthen its international medical cannabis business. The company has expanded operations in Germany, Australia, and other regulated markets. As a result, international sales have become an increasingly important driver of growth. Investors continue to watch Tilray for its diversified revenue streams and strong global footprint. Moreover, management remains focused on improving profitability while growing market share.
Tilray recently reported record third-quarter fiscal 2026 results. Net revenue increased to approximately $207 million during the quarter. Organic revenue growth reached 11% year over year. Gross profit expanded to roughly $55 million during the same period. Cannabis revenue climbed nearly 19% compared with the prior year. International cannabis sales delivered particularly strong growth. Cannabis gross profit increased 18% to approximately $26 million. Meanwhile, cannabis gross margins remained near 40%. The company also benefited from growth in its pharmaceutical distribution segment. Additionally, management reaffirmed adjusted EBITDA guidance for fiscal 2026. The balance sheet has improved significantly over the past year. Therefore, Tilray appears positioned to pursue additional growth opportunities while maintaining financial flexibility.
[Read More] Cannabis Stock Market Outlook: 3 Companies to Watch in June 2026
Canopy Growth Corporation (NASDAQ: CGC) Canopy Growth remains one of the most recognized cannabis companies in Canada. The company operates through several well-known brands, including Tweed, 7ACRES, and DOJA. In addition, Canopy owns the respected Storz & Bickel vaporizer business. The company continues to focus on premium cannabis products and medical cannabis markets.
Canopy currently does not operate traditional U.S. dispensaries. However, it maintains strategic exposure to the American cannabis market through various partnerships and intellectual property initiatives. Furthermore, management has prioritized expanding medical cannabis operations both domestically and internationally. The company has established meaningful positions in Germany, Australia, and other emerging medical markets. Its product portfolio spans dried flower, pre-rolls, vapes, edibles, and medical cannabis products. Consequently, Canopy has developed one of the industry’s broadest cannabis offerings. Investors continue monitoring the company because of its turnaround efforts and improving operational execution. Moreover, recent market share gains suggest the company is gaining traction within several product categories.
Canopy Growth reported encouraging fiscal 2026 results. Fourth-quarter fiscal 2026 revenue increased approximately 10% compared with the prior year period. Cannabis revenue reached roughly $54.5 million during the quarter. Full-year cannabis revenue exceeded $213 million. This represented double-digit annual growth. Canadian medical cannabis revenue continued showing strength throughout fiscal 2026. Adult-use cannabis sales also improved due to product innovation and stronger brand performance. Additionally, international cannabis revenue expanded significantly. Management highlighted strong growth within medical markets outside Canada. The Storz & Bickel business also contributed meaningful revenue. While profitability remains a focus area, operating trends have improved. Furthermore, management continues to emphasize cost discipline and cash preservation. Therefore, investors are increasingly watching Canopy’s progress toward sustainable profitability.
[Read More] Top Cannabis Companies Building Momentum in June 2026
Village Farms International (NASDAQ: VFF) Village Farms International offers a unique approach within the cannabis industry. The company originally built its reputation as a greenhouse produce grower. However, management successfully transformed portions of its greenhouse operations into cannabis production facilities. Today, cannabis represents the company’s primary growth opportunity.
Village Farms operates cannabis activities through its Pure Sunfarms subsidiary. Pure Sunfarms has become one of Canada’s leading cannabis producers. The company focuses on high-quality flower products while maintaining low production costs. Unlike many competitors, Village Farms does not operate a large U.S. dispensary network. Instead, management emphasizes cultivation efficiency and international exports. Furthermore, the company has expanded into several international medical cannabis markets. This strategy has helped diversify revenue streams beyond Canada. Investors often view Village Farms as one of the industry’s strongest operators because of its greenhouse expertise. Additionally, the company has consistently gained market share within Canada’s competitive cannabis market.
Village Farms delivered impressive financial results during early 2026. First-quarter revenue increased approximately 27% year over year. Total sales approached $50 million during the quarter. International cannabis export sales surged more than 170%. Meanwhile, branded cannabis sales in Canada continued growing. The company reported positive net income and positive adjusted EBITDA. Cannabis gross margins exceeded 40% during the quarter. This marked another period of strong profitability. Management attributed results to international demand and operational efficiencies. Furthermore, Pure Sunfarms maintained a leading position within Canada’s flower category. The company also reported continued market share gains. Cash flow performance remained strong throughout the quarter. Therefore, Village Farms stands out as one of the few cannabis companies generating consistent profitability while expanding internationally. Investors seeking financial stability within the cannabis sector may find Village Farms particularly attractive.
Jersey on. Crew ready. If England, Scotland or the U.S. reaches the final, fans can head straight to participating BrewDog pubs1 and Tilray-owned brewpubs2 across the U.S. to claim up to two free pints before the £1 million bar tab runs out.
NEW YORK and ELLON, United Kingdom, June 24, 2026 (GLOBE NEWSWIRE) -- Scottish brewer BrewDog, owned by Tilray Brands, Inc. (NASDAQ: TLRY; TSX: TLRY), is proving to be a fan-favourite destination for sports watch parties with big screens, cold pints and match-day energy on tap. BrewDog bars are bringing fans together for a summer of live sport watch parties and are announcing plans to celebrate a major global football milestone with what could be the world’s biggest bar tab — £1 million in free pints — if England, Scotland or the United States reaches the final of the world’s biggest football tournament. This promotion is not affiliated with, sponsored by, endorsed by, or in any way officially connected with any international football governing body, team, federation, league or tournament.
Irwin Simon, Chairman and Chief Executive Officer, Tilray Brands, said, “Sport has an extraordinary ability to unite people across communities, cultures and nations through moments of pride and shared celebration — and great bars have always been places where fans come together to enjoy the match, share great conversations and raise a beer or two. This promotion reflects the strength of Tilray Brands’ beverage platform and our commitment to creating meaningful experiences that positively impact the communities where we operate. If England, Scotland or the United States reaches the final on football’s biggest world stage, we are ready to help fans celebrate together across our participating pubs and brewpubs and continue building brands and occasions that bring people together over sport, great bars and great beer.”
The celebration kicks in if any one of the eligible national teams — England, Scotland or the United States — reaches the final of the world’s biggest football tournament. Once activated, BrewDog will open a £1 million bar tab from 20 July, the day after the final match. Fans wearing an eligible team jersey can claim up to two free pints per person, on a first-come, first-served basis, while pints last at participating Tilray-owned BrewDog pubs, excluding franchised BrewDog bars, and at participating Tilray-owned brewpubs, including SweetWater Brewing, 10 Barrel Brewing, Blue Point Brewery, Breckenridge Brewery, Montauk Brewing, and Terrapin. Fans should get their jerseys ready now, rally their crew and be ready to move fast if one of the eligible teams reaches the final.
From BrewDog pubs to Tilray’s broader craft beverage venues, the bar tab is designed for the kind of celebration sports fans live for — packed pubs, team colours, cold pints and one massive reason to cheer — with BrewDog bars continuing to build their role as go-to destinations to watch sporting events all summer long.
Beyond football, participating BrewDog bars will be activating watch parties and big-screen moments around major sporting occasions throughout the summer, including auto-racing in July and August, major golf tournaments in July, the return of top flight football in August, and world-class tennis tournaments, with the biggest matches shown across participating venues.
Terms & Conditions
The promotion will be activated only if England, Scotland or the United States men’s national team reaches the final of the 2026 international men’s football tournament in North America. If activated, the £1 million bar tab will open from 20 July, the day after the final match. This promotion is not affiliated with, sponsored by, endorsed by, or in any way officially connected with FIFA or any other international football governing body, team, federation, league or tournament. The £1 million bar tab will be opened by BrewDog and redeemable at participating Tilray-owned BrewDog pubs only in Scotland, England, Ireland, and Las Vegas, excluding franchised BrewDog bars, and is redeemable at participating Tilray-owned brewpubs, including SweetWater Brewing, 10 Barrel Brewing, Blue Point Brewing, Breckenridge Brewery, Montauk Brewing, and Terrapin. Ohio BrewDog bars and Tilray-owned bars in Oregon are not included in participation due to local laws. Fans must be wearing an England, Scotland or U.S. team jersey at the time of redemption. Redemption is limited to two free pints per person. Free pints are available on a first-come, first-served basis while funds and stocks last. Offer is subject to availability, applicable local laws and venue participation; no cash alternative; valid government-issued ID may be required; please drink responsibly. Participants must meet the legal drinking age requirements in the country or region where redemption takes place. Additional terms, timing, participating locations and redemption details may apply and will be announced if the promotion begins. Further details on the terms and conditions and participating locations can be found on the terms and conditions page on Tilray.com and on BrewDog.com.
About BrewDog
BrewDog, the #1 craft beer brand in the UK, has always had one mission: making people as passionate about great beer as we are.
From iconic classics like Punk IPA, to crowd-pleasers like Lost Lager and Wingman, to boundary-pushing innovations like NanoDog, BrewDog has been brewing bold, distinctive beers since 2007. Born in Scotland and built by a passionate community of beer lovers, BrewDog has grown into one of the world’s most recognizable craft beer brands, with a global presence spanning breweries, bars and distribution across multiple international markets. BrewDog’s future will continue to be shaped by the three things that matter most: People, Planet and Beer.
For more information, visit www.brewdog.com or follow @BrewDog on social media.
About Tilray Brands
Tilray Brands, Inc. (“Tilray”) (Nasdaq: TLRY; TSX: TLRY) is a leading global lifestyle and consumer packaged goods company with operations in Canada, the United States, Europe and Latin America that is leading as a transformative force at the nexus of cannabis, beverage, wellness, and entertainment elevating lives through moments of connection. Tilray’s mission is to be a leading premium lifestyle company with a house of brands and innovative products that inspire joy and create memorable experiences. Tilray’s unprecedented platform supports over 40 brands in over 20 countries, including comprehensive cannabis offerings, hemp-based foods and craft beverages.
For more information on how we are elevating lives through moments of connection, visit Tilray.com and follow @Tilray on all social platforms.
Forward-Looking Statements
Certain statements in this communication that are not historical facts constitute forward-looking information or forward-looking statements (together, “forward-looking statements”) under Canadian and U.S. securities laws and within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, that are intended to be subject to the “safe harbor” created by those sections and other applicable laws. Forward-looking statements can be identified by words such as “forecast,” “future,” “should,” “could,” “enable,” “potential,” “contemplate,” “believe,” “anticipate,” “estimate,” “plan,” “expect,” “intend,” “may,” “project,” “will,” “would” and the negative of these terms or similar expressions, although not all forward-looking statements contain these identifying words. Certain material factors, estimates, goals, projections, or assumptions were used in drawing the conclusions contained in the forward-looking statements throughout this communication. Forward-looking statements include statements regarding our intentions, beliefs, projections, outlook, analyses, or current expectations. Many factors could cause actual results, performance, or achievement to be materially different from any forward-looking statements, and other risks and uncertainties not presently known to the Company or that the Company deems immaterial could also cause actual results or events to differ materially from those expressed in the forward-looking statements contained herein. For a more detailed discussion of these risks and other factors, see the most recently filed annual information form of Tilray and the Annual Report on Form 10-K (and other periodic reports filed with the SEC) of Tilray made with the SEC and available on EDGAR. The forward-looking statements included in this communication are made as of the date of this communication and the Company does not undertake any obligation to publicly update such forward-looking statements to reflect new information, subsequent events, or otherwise unless required by applicable securities laws.
_____________________
1 Participation includes Tilray-owned BrewDog brewpubs only – does not included franchise locations or BrewDog in Ohio due to local laws.
2 Participation does not include Tilray-owned brewpubs in Oregon due to local laws.
A photo accompanying this announcement is available at:
https://www.globenewswire.com/NewsRoom/AttachmentNg/96e2210c-e726-4d84-a8de-85ea77886918
BRECKENRIDGE, Colo., June 16, 2026 (GLOBE NEWSWIRE) -- Breckenridge Brewery, Colorado’s most recognized craft brewer and part of Tilray Brands, Inc. (“Tilray”) (Nasdaq: TLRY; TSX: TLRY), today unveiled a vibrant lineup of watch parties and themed activations across its taprooms and select partner locations, bringing fans together with limited-release beer, spirited competition, and match-day specials.
As fans across the U.S. rally around the biggest tournament in international soccer, Breckenridge Brewery is transforming its Colorado footprint into a hub for game-day energy, local camaraderie, and beer-forward experiences inspired by the excitement of the global stage.
Across Breckenridge Brewery’s taprooms and partner accounts, the brand is celebrating the tournament with interactive programming and fan-first offerings, from foosball competitions and “PK for Pints” to trivia nights, themed merchandise, and location-specific beer promotions. Whether fans stop by a neighborhood partner bar, head to the Farm House for a watch party, or visit the Brew Pub or Fort Collins taproom for game-time specials, Breckenridge Brewery is creating more ways to connect over great beer and the spirit of competition.
Kayt Smith, Senior Brand Manager at Breckenridge Brewery, said, “This summer’s global soccer celebration is creating moments of connection around the world, and that spirit naturally reflects the experiences we aim to deliver in our taprooms every day. From limited-release beer and in-venue competitions to watch parties and themed food and beverage offerings, we’re excited to give fans across Colorado even more ways to come together, cheer on the action, and celebrate throughout the tournament.”
Breckenridge Brewery is bringing the tournament spirit to life with:
Across Breckenridge Brewery taprooms, fans can raise a crowler of limited-release WC Kölsch and score branded soccer-themed coasters and tournament-inspired merchandise.The Farm House will turn up the excitement with “PK for Pints” during USA matches, official watch parties with the Colorado Soccer Association, match-day food and drink specials, and USA-themed plush merchandise.The Breck Brew Pub will keep the momentum going with BOGO beers during matches and a globally inspired wing program built for game-day gatherings.At select partner locations, fans can step up to the foosball table for the chance to win pints and branded Breckenridge Brewery merchandise. With activations tailored to each location, Breckenridge Brewery is leaning into the fun, community, and competitive spirit that make tournament season a natural fit for craft beer occasions.
From mountain-town match viewing to taproom games and limited-release pours, Breckenridge Brewery is inviting fans to celebrate every stage of the tournament through memorable experiences rooted in Colorado hospitality and craft beer culture.
For more information on Breckenridge Brewery’s programming and taproom events, visit Breckenridge Brewery online or follow the brand on social media.
About Breckenridge Brewery
Founded in 1990, Breckenridge Brewery has grown from a small mountain-town brewpub into one of Colorado’s most recognized craft beer brands, with destinations that bring together great beer, hospitality, and community. Known for its broad portfolio of approachable and adventurous styles, Breckenridge Brewery continues to create memorable experiences for locals and visitors alike through its brewpubs, taprooms, and seasonal programming. Breckenridge Brewery is part of Tilray Brands, Inc.
About Tilray Brands
Tilray Brands, Inc. (“Tilray”) (Nasdaq: TLRY; TSX: TLRY), is a leading global lifestyle and consumer packaged goods company with operations in Canada, the United States, Europe, Australia, and Latin America that is leading as a transformative force at the nexus of cannabis, beverage, wellness, and entertainment, elevating lives through moments of connection. Tilray’s mission is to be a leading premium lifestyle company with a house of brands and innovative products that inspire joy and create memorable experiences. Tilray’s unprecedented platform supports over 40 brands in over 20 countries, including comprehensive cannabis offerings, hemp-based foods, and craft beverages.
For more information on how we are elevating lives through moments of connection, visit Tilray.com and follow @Tilray on all social platforms.
Forward-Looking Statements
Certain statements in this communication that are not historical facts constitute forward-looking information or forward-looking statements (together, “forward-looking statements”) under Canadian and U.S. securities laws and within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, that are intended to be subject to the “safe harbor” created by those sections and other applicable laws. Forward-looking statements can be identified by words such as “forecast,” “future,” “should,” “could,” “enable,” “potential,” “contemplate,” “believe,” “anticipate,” “estimate,” “plan,” “expect,” “intend,” “may,” “project,” “will,” “would” and the negative of these terms or similar expressions, although not all forward-looking statements contain these identifying words. Certain material factors, estimates, goals, projections, or assumptions were used in drawing the conclusions contained in the forward-looking statements throughout this communication. Forward-looking statements include statements regarding our intentions, beliefs, projections, outlook, analyses, or current expectations. Many factors could cause actual results, performance, or achievement to be materially different from any forward-looking statements, and other risks and uncertainties not presently known to the Company or that the Company deems immaterial could also cause actual results or events to differ materially from those expressed in the forward-looking statements contained herein. For a more detailed discussion of these risks and other factors, see the most recently filed annual information form of Tilray and the Annual Report on Form 10-K (and other periodic reports filed with the SEC) of Tilray made with the SEC and available on EDGAR. The forward-looking statements included in this communication are made as of the date of this communication and the Company does not undertake any obligation to publicly update such forward-looking statements to reflect new information, subsequent events, or otherwise unless required by applicable securities laws.
LAS VEGAS and COLUMBUS, Ohio, June 16, 2026 (GLOBE NEWSWIRE) -- BrewDog, one of the most recognizable craft beer brands and part of Tilray Brands, Inc. (NASDAQ: TLRY; TSX: TLRY), today announced its U.S. summer soccer programming, positioning its bars as go-to destinations for fans following the summer’s global soccer tournament.
From opening match to final whistle, BrewDog locations across the U.S. will deliver a simple promise: show up early, stay loud, and don’t miss a moment. Built around live match screenings, cold beer and crowd energy, the program is designed to bring people together for the kind of shared, high-energy experiences that only live sport can deliver.
Brittany Foster, Head of Brand & Marketing, BrewDog US, said, “There’s nothing quite like the energy of a packed bar when a game is on and every moment matters. This summer, we’re turning our BrewDog bars into the ultimate gathering place for fans, great beer, big screens, and an atmosphere you can’t replicate at home. Whether you’re cheering for your team, celebrating a last-minute goal, or just soaking up the excitement with friends, BrewDog is where fans can come together and be part of the action.”
Throughout the tournament, BrewDog bars will serve as hub locations for fans looking to watch together, not from the couch, but in a live, social setting built for every big moment.
At BrewDog Las Vegas, fans can take in every match from one of the most unique viewing destinations on the Strip. With multiple levels, rooftop views, massive screens, and the dedicated UnderDog Beer Hall, the venue is built for all-day match-day energy—from the opening kickoff to the final whistle.
Fans can enjoy:
Wall-to-wall match coverage across multiple viewing areasRooftop viewing with panoramic views of the Las Vegas StripBeer towers, shareable menus, and group-friendly packagesDedicated sports viewing spaces, including the UnderDog Beer Hall$8 Cold Beer pints and $24 pitchers during matches In Ohio, BrewDog locations across Columbus, New Albany, and Cleveland will serve as hubs for fans looking to catch the action with fellow supporters all tournament long.
Fans can expect:
Live coverage of matches throughout the day$5 Cold Beer drafts and $12 pitchers during matchesWings specials and shareable game-day food offeringsMatch-day giveaways and fan experiencesHigh-energy community watch parties across BrewDog’s hometown market Whether it’s the bright lights of Las Vegas or BrewDog’s home turf in Ohio, fans will find the same winning formula: great beer, great food, and an unforgettable atmosphere built for the biggest matches of the summer.
The action doesn’t stop at the bar. Throughout the tournament, fans can enter in-bar for a chance to win a custom BrewDog cooler built for epic watch parties at home. Gather your friends, stock it with your favorite BrewDog beers, and bring match-day energy wherever you watch.
About BrewDog USA
Headquartered in Columbus, Ohio, BrewDog USA has been part of the craft beer movement since 2017 and is home to the world’s first craft beer hotel and a 100,000-square-foot brewery. The company distributes in select states nationwide and operates flagship locations in Columbus, New Albany, and Cleveland, Ohio, as well as Las Vegas, Nevada, with franchise locations in Denver, Colorado, and airport locations in Columbus, Ohio, and Orlando, Florida. BrewDog remains focused on innovation, quality, and great-tasting beer, offering a mix of seasonal and flagship brews, including Elvis Juice, BrewDog IPA, Hazy Jane, and Cold Beer, alongside top-performing non-alcoholic options and its newest innovation, Juice Club.
About Tilray Brands
Tilray Brands, Inc. (“Tilray”) (Nasdaq: TLRY; TSX: TLRY), is a leading global lifestyle and consumer packaged goods company with operations in Canada, the United States, Europe, Australia and Latin America that is leading as a transformative force at the nexus of cannabis, beverage, wellness, and entertainment elevating lives through moments of connection. Tilray’s mission is to be a leading premium lifestyle company with a house of brands and innovative products that inspire joy and create memorable experiences. Tilray’s unprecedented platform supports over 40 brands in over 20 countries, including comprehensive cannabis offerings, hemp-based foods and craft beverages.
For more information on how we are elevating lives through moments of connection, visit
Tilray.com and follow @Tilray on all social platforms.
Forward-Looking Statements
Certain statements in this communication that are not historical facts constitute forward-looking information or forward-looking statements (together, “forward-looking statements”) under Canadian and U.S. securities laws and within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, that are intended to be subject to the “safe harbor” created by those sections and other applicable laws. Forward-looking statements can be identified by words such as “forecast,” “future,” “should,” “could,” “enable,” “potential,” “contemplate,” “believe,” “anticipate,” “estimate,” “plan,” “expect,” “intend,” “may,” “project,” “will,” “would” and the negative of these terms or similar expressions, although not all forward-looking statements contain these identifying words. Certain material factors, estimates, goals, projections, or assumptions were used in drawing the conclusions contained in the forward-looking statements throughout this communication. Forward-looking statements include statements regarding our intentions, beliefs, projections, outlook, analyses, or current expectations. Many factors could cause actual results, performance, or achievement to be materially different from any forward-looking statements, and other risks and uncertainties not presently known to the Company or that the Company deems immaterial could also cause actual results or events to differ materially from those expressed in the forward-looking statements contained herein. For a more detailed discussion of these risks and other factors, see the most recently filed annual information form of Tilray and the Annual Report on Form 10-K (and other periodic reports filed with the SEC) of Tilray made with the SEC and available on EDGAR. The forward-looking statements included in this communication are made as of the date of this communication and the Company does not undertake any obligation to publicly update such forward-looking statements to reflect new information, subsequent events, or otherwise unless required by applicable securities laws.
BRECKENRIDGE, Colo., June 16, 2026 (GLOBE NEWSWIRE) -- Breckenridge Distillery, one of the most-awarded craft distilleries in the U.S. and part of Tilray Brands, Inc. (NASDAQ: TLRY and TSX: TLRY), introduces Patriotic Reserve Bourbon Whiskey, a limited-release blend of straight bourbons created to celebrate America’s spirit ahead of Independence Day and the nation’s 250th anniversary.
Made with grains sourced from America’s heartland and blended with pure Rocky Mountain water at the world’s highest distillery, Patriotic Reserve reflects the spirit of the nation it honors. It’s a fitting pour for Fourth of July celebrations or a meaningful gift for the veterans and active-duty service members who help protect America’s freedoms.1
Breckenridge Patriotic Reserve is an 86-proof blend of straight bourbon whiskeys with a high-rye mash bill, offering a bold yet balanced profile. Enjoy it neat, on the rocks, or in seasonal cocktails like the Uncle Sam’s Julep—crafted for moments of connection that celebrate freedom, community, and the American way of life.
“Patriotic Reserve pays tribute to the spirit that defines this country—resilience, independence, and shared pride,” said Bryan Nolt, Founder and CEO of Breckenridge Distillery. “As America approaches its 250th anniversary, we set out to create a whiskey that honors those values and brings people together to celebrate them—whether around the table on the Fourth of July or in quiet gratitude for those who serve.”
Patriotic Reserve Bourbon Whiskey is now available at national retailers and for home delivery where permitted. 750ml, $34.99-39.99 MSRP.
For more information about Breckenridge Distillery, visit www.breckenridgedistillery.com and click here to find retailers near you. Follow Breckenridge Distillery on Instagram @breckdistillery and become a fan at facebook.com/BreckDistillery. Age 21+. Always enjoy responsibly.
About Breckenridge Distillery
Founded in Colorado in 2008, Breckenridge Distillery is the “World’s Highest Distillery,” and is best known for its award-winning blended bourbon whiskey, a high-rye mash American-style whiskey. One of the most highly awarded distilleries in the U.S., the Breckenridge Distillery is proudly a 3x Icons of Whisky and 10x winner of Best American Blended winner at the World Whiskies Awards by Whisky Magazine and a 4x winner of Colorado Distillery of the Year by the New York International Spirits Competition. Most recently, Breckenridge Port Cask Finish was named World’s Best Finished Bourbon at the 2024 World Whiskies Awards, joining Breckenridge High Proof, named World’s Best Blended Whiskey and Breckenridge Gin, named World’s Best Compound Gin at the World Gin Awards by Gin Magazine. Breckenridge spirits have been awarded 6 Double Golds at the San Francisco World Spirits Competition.
The Breckenridge Distillery is more than award-winning spirits, offering an immersive guest experience. Named as one of the country’s Top Visitor Attractions by Whisky Magazine, guests can dine at their award-winning restaurant, enjoy show-stopping cocktails, learn about their highly awarded spirits with an in-depth tasting, and get an inside look at their active production facility. New to the distillery, guests have the opportunity to blend their own whiskey as they learn the inner workings of whiskey production.
Breckenridge Distillery is a subsidiary of Tilray Brands, Inc. (NASDAQ: TLRY and TSX: TLRY), a leading global cannabis-lifestyle and consumer packaged goods company inspiring and empowering the worldwide community to live their very best life.
To learn more about Breckenridge Distillery, visit www.breckenridgedistillery.com. Keep up with Breckenridge Distillery on Instagram by following @breckdistillery and become a fan at facebook.com/BreckDistillery.
About Tilray Brands
Tilray Brands, Inc. (“Tilray”) (Nasdaq: TLRY; TSX: TLRY), is a leading global lifestyle and consumer packaged goods company with operations in Canada, the United States, Europe, Australia, and Latin America that is leading as a transformative force at the nexus of cannabis, beverage, wellness, and entertainment, elevating lives through moments of connection. Tilray’s mission is to be a leading premium lifestyle company with a house of brands and innovative products that inspire joy and create memorable experiences. Tilray’s unprecedented platform supports over 40 brands in over 20 countries, including comprehensive cannabis offerings, hemp-based foods, and craft beverages.
For more information on how we are elevating lives through moments of connection, visit Tilray.com and follow @Tilray on all social platforms.
Forward-Looking Statements
Certain statements in this communication that are not historical facts constitute forward-looking information or forward-looking statements (together, “forward-looking statements”) under Canadian and U.S. securities laws and within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, that are intended to be subject to the “safe harbor” created by those sections and other applicable laws. Forward-looking statements can be identified by words such as “forecast,” “future,” “should,” “could,” “enable,” “potential,” “contemplate,” “believe,” “anticipate,” “estimate,” “plan,” “expect,” “intend,” “may,” “project,” “will,” “would” and the negative of these terms or similar expressions, although not all forward-looking statements contain these identifying words. Certain material factors, estimates, goals, projections, or assumptions were used in drawing the conclusions contained in the forward-looking statements throughout this communication. Forward-looking statements include statements regarding our intentions, beliefs, projections, outlook, analyses, or current expectations. Many factors could cause actual results, performance, or achievement to be materially different from any forward-looking statements, and other risks and uncertainties not presently known to the Company or that the Company deems immaterial could also cause actual results or events to differ materially from those expressed in the forward-looking statements contained herein. For a more detailed discussion of these risks and other factors, see the most recently filed annual information form of Tilray and the Annual Report on Form 10-K (and other periodic reports filed with the SEC) of Tilray made with the SEC and available on EDGAR. The forward-looking statements included in this communication are made as of the date of this communication and the Company does not undertake any obligation to publicly update such forward-looking statements to reflect new information, subsequent events, or otherwise unless required by applicable securities laws.
1 This product is not affiliated with, endorsed by, or sponsored by the United States Armed Forces, the U.S. Department of Defense, or any government agency. References to those who serve are made solely as an expression of gratitude.
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/cfb69f96-e9ca-4f03-bf15-55f8f750bb07
In the latest trading session, Tilray Brands, Inc. (TLRY - Free Report) closed at $4.88, marking a -2.59% move from the previous day. The stock's performance was behind the S&P 500's daily loss of 0.57%. Elsewhere, the Dow saw an upswing of 0.64%, while the tech-heavy Nasdaq depreciated by 1.15%.
The company's shares have seen a decrease of 3.28% over the last month, not keeping up with the Medical sector's gain of 4.28% and the S&P 500's gain of 2.14%.
The investment community will be closely monitoring the performance of Tilray Brands, Inc. in its forthcoming earnings report. In that report, analysts expect Tilray Brands, Inc. to post earnings of -$0.01 per share. This would mark a year-over-year decline of 105%. Meanwhile, the latest consensus estimate predicts the revenue to be $268.17 million, indicating a 19.43% increase compared to the same quarter of the previous year.
For the full year, the Zacks Consensus Estimates project earnings of -$0.58 per share and a revenue of $885.3 million, demonstrating changes of -680% and +7.79%, respectively, from the preceding year.
Investors should also take note of any recent adjustments to analyst estimates for Tilray Brands, Inc. Such recent modifications usually signify the changing landscape of near-term business trends. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health and profitability.
Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system.
The Zacks Rank system, stretching from #1 (Strong Buy) to #5 (Strong Sell), has a noteworthy track record of outperforming, validated by third-party audits, with stocks rated #1 producing an average annual return of +25% since the year 1988. Over the past month, there's been no change in the Zacks Consensus EPS estimate. As of now, Tilray Brands, Inc. holds a Zacks Rank of #3 (Hold).
The Medical - Products industry is part of the Medical sector. Currently, this industry holds a Zacks Industry Rank of 168, positioning it in the bottom 32% of all 250+ industries.
The Zacks Industry Rank assesses the vigor of our specific industry groups by computing the average Zacks Rank of the individual stocks incorporated in the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Keep in mind to rely on Zacks.com to watch all these stock-impacting metrics, and more, in the succeeding trading sessions.
Tilray Brands (TLRY +0.30%) stock has been having an awful year, as it's down 45% thus far in 2026. The cannabis company, which often boasts of its leadership position in the industry, has continually faced adversity over the years.
Ironically, the legalization of marijuana in Canada hasn't even helped the business. Instead, it has opened the floodgates to more competition and red tape. As a result, the company has pivoted to focus more on beverages and acquired craft brewers to diversify its business and grow sales.
But while the pot stock continues to fall, investors shouldn't assume that it can't go lower. In fact, due to a recent development, there's reason to believe Tilray's stock could decline even further this year.
Image source: Getty Images.
Trulieve begins trading on the NYSE Last week, the big news on the markets was about SpaceX going public, but there was another stock that also began trading on a major exchange, one with more significant consequences for Tilray Brands, and that's Trulieve Cannabis (TRLV 4.73%).
Trulieve is a multi-state operator (MSO) that generates revenue in the U.S. market, with a heavy presence in Florida. It was able to uplist onto the New York Stock Exchange last week after the U.S. government rescheduled certain medical marijuana products down to Schedule III from Schedule I.
This might not seem like a huge problem for Tilray, but it is. Investors may previously have bought Tilray's stock because it offered a way to benefit from future opportunities in the U.S. marijuana market, if and when it eventually opens. Now, however, with Trulieve's stock trading on a major U.S. exchange, it's easier for investors to simply gain exposure to the U.S. marijuana market through Trulieve; there's no need to buy and hold Tilray's stock, hoping that one day the U.S. will legalize marijuana and Tilray will benefit from the opportunity. With investors now having more choices, there may be less interest in Tilray.
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Tilray's stock may no longer be the go-to option for marijuana investors While Tilray has been expanding into international marijuana markets and acquiring craft brewers, it's not the same for investors as actually having exposure to the U.S. marijuana market, which may have the most exciting growth potential in the long run. Its strategy hasn't exactly paid off, either. Tilray has incurred an operating loss in each of the past four quarters, and it's struggled to generate consistent growth.
With poor fundamentals and an uncertain future, it's difficult to make the case that Tilray is worth investing in, even if its valuation may look low.
BEND, Ore., June 15, 2026 (GLOBE NEWSWIRE) -- 10 Barrel Brewing and Pub Beer, craft beer brands of Tilray Brands, Inc. (NASDAQ: TLRY and TSX: TLRY), today announced a summer-long soccer celebration across the Pacific Northwest, bringing fans together through in-pub activations, limited-edition packaging, branded merchandise, sweepstakes, and game-day experiences tied to the excitement of the global tournament.
As soccer supporters gather to celebrate the world’s biggest matches, 10 Barrel Brewing and Pub Beer are creating destination-worthy experiences that blend craft beer, Cheap Fun, and matchday energy. Across 10 Barrel pubs in Bend, Boise, and Portland, fans can enjoy a lineup of activations designed to turn every game into an occasion. fans can soak up the excitement of the global soccer tournament through internationally inspired dishes, beer specials and a game-day passport contest —all while celebrating the tournament atmosphere with fellow supporters.
Pub Beer and Pub Light are tapping into the excitement of the global soccer season with limited-edition packaging that turns an 18-pack into your personal soccer goal, a Cheap Fun foosball table sweepstakes to win a one of one Pub Cup co-branded foosball table, branded soccer merchandise, and prizes offered during matches at 10 Barrel pubs across the Pacific Northwest.
Brian Hughes, Senior Brand Director-West Coast Brands said, “Soccer has an unmatched ability to bring people together, and 10 Barrel Brewing and Pub Beer are embracing that energy with experiences built for fans who want to celebrate every match with great beer, great food, and a little Cheap Fun along the way. From limited-edition packaging and foosball to pub programming across the Pacific Northwest, this campaign is all about creating memorable moments around the global game.”
Whether fans are following every match or just looking for a fun place to catch the action, 10 Barrel Brewing and Pub Beer are bringing people together all summer long with flavorful food, cold beer, playful competition, and memorable prizes. Across the Pacific Northwest, the brands are giving soccer fans more reasons to show up, cheer loudly, and celebrate the season in true pub style.
For more information on 10 Barrel Brewing pub events and Pub Beer promotions this summer, visit your local 10 Barrel pub in Bend East, Bend West Portland or Boise or follow the brands on social media @10barrelbrewing.
About 10 Barrel Brewing and Pub Beer
10 Barrel Brewing is known for its inventive craft beer, vibrant pub culture, and community-driven approach to bringing people together over great food and drinks. Pub Beer is the beloved easy-drinking lager brand built around the spirit of Cheap Fun, delivering uncomplicated good times and approachable refreshment.
About Tilray Brands
Tilray Brands, Inc. (“Tilray”) (Nasdaq: TLRY; TSX: TLRY), is a leading global lifestyle and consumer packaged goods company with operations in Canada, the United States, Europe, Australia, and Latin America that is leading as a transformative force at the nexus of cannabis, beverage, wellness, and entertainment, elevating lives through moments of connection. Tilray’s mission is to be a leading premium lifestyle company with a house of brands and innovative products that inspire joy and create memorable experiences. Tilray’s unprecedented platform supports over 40 brands in over 20 countries, including comprehensive cannabis offerings, hemp-based foods, and craft beverages.
For more information on how we are elevating lives through moments of connection, visit Tilray.com and follow @Tilray on all social platforms.
Forward-Looking Statements
Certain statements in this communication that are not historical facts constitute forward-looking information or forward-looking statements (together, “forward-looking statements”) under Canadian and U.S. securities laws and within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, that are intended to be subject to the “safe harbor” created by those sections and other applicable laws. Forward-looking statements can be identified by words such as “forecast,” “future,” “should,” “could,” “enable,” “potential,” “contemplate,” “believe,” “anticipate,” “estimate,” “plan,” “expect,” “intend,” “may,” “project,” “will,” “would” and the negative of these terms or similar expressions, although not all forward-looking statements contain these identifying words. Certain material factors, estimates, goals, projections, or assumptions were used in drawing the conclusions contained in the forward-looking statements throughout this communication. Forward-looking statements include statements regarding our intentions, beliefs, projections, outlook, analyses, or current expectations. Many factors could cause actual results, performance, or achievement to be materially different from any forward-looking statements, and other risks and uncertainties not presently known to the Company or that the Company deems immaterial could also cause actual results or events to differ materially from those expressed in the forward-looking statements contained herein. For a more detailed discussion of these risks and other factors, see the most recently filed annual information form of Tilray and the Annual Report on Form 10-K (and other periodic reports filed with the SEC) of Tilray made with the SEC and available on EDGAR. The forward-looking statements included in this communication are made as of the date of this communication and the Company does not undertake any obligation to publicly update such forward-looking statements to reflect new information, subsequent events, or otherwise unless required by applicable securities laws.
ATLANTA, June 15, 2026 (GLOBE NEWSWIRE) -- Shock Top, the bold and refreshing Belgian-style wheat ale from Tilray Brands, Inc. (NASDAQ: TLRY; TSX: TLRY), is bringing ‘Shocking Upsets’ to the world’s biggest summer of soccer, the fan-favorite promotion that rewards consumers when tournament underdogs deliver the unexpected.
From June 28 through July 19, legal-drinking-age fans who purchase Shock Top can score a rebate on their beer if a team ranked 21st or lower defeats a top-10 ranked team during tournament play, subject to official terms and conditions.
Known for celebrating bold flavor, spirited gatherings, and moments that catch people by surprise, Shock Top is embracing one of the most exciting dynamics in international soccer: the underdog victory. Through Shocking Upsets, every match becomes a little more exciting, giving fans another reason to grab a Shock Top, gather their crew, and cheer for the unexpected.
The promotion is part of Shock Top’s new ‘Shocking Upsets’ summer campaign, a celebration of the fans, watch parties, and unforgettable moments that make the beautiful game a global phenomenon. Throughout the tournament, Shock Top’s iconic mascot, Wedge Head, will rally supporters through digital content, social activations, and match-day celebrations designed to bring fans together wherever they’re watching.
Whether gathering at a neighborhood sports bar, hosting a backyard watch party, or cheering alongside friends, fans can enjoy every match knowing that a shocking result could make their next round even sweeter.
Jake Neilson, Senior Brand Manager for Shock Top, stated, “Shock Top was built around celebrating bold flavor and unexpected moments. Few sporting events deliver more drama than tournament soccer, where one result can change everything. Shocking Upsets gives fans another reason to get together, grab a Shock Top, and cheer for the moments nobody saw coming. When an underdog shocks the world, we’ll help make that celebration even better.”
If a qualifying upset occurs during tournament play, eligible fans can purchase a Shock Top and submit their receipt and promotional information for a rebate, subject to official rules.
Key Promotion Details
Promotion period runs from June 28, 2026, through July 19, 2026.A qualifying Shocking Upset occurs when a team ranked 21st or lower defeats a team ranked in the world’s top 10 during tournament play.Eligible consumers who purchase a Shock Top during the promotional window may submit their receipt for a rebate if a qualifying upset occurs.Offer available to legal-drinking-age consumers in participating states and subject to official rules, terms, and conditions. Built for fans who appreciate bold flavor and bold moments, Shocking Upsets adds an extra layer of excitement to every match by turning surprising outcomes into something worth celebrating.
This summer, Shock Top is inviting fans everywhere to embrace the unexpected and celebrate every shocking moment along the way.
For promotion details and official rules, visit https://shocktop.craftbrewoffers.com.
About Shock Top
Shock Top is a bold, Belgian-style wheat ale brand known for its refreshing taste, citrus-forward character, and easygoing personality. Crafted to bring unexpected flavor and energy to every occasion, Shock Top has become a go-to choice for beer drinkers looking for something expressive, approachable, and fun. Shock Top is part of the Tilray Beverages portfolio.
About Tilray Brands
Tilray Brands, Inc. (“Tilray”) (Nasdaq: TLRY; TSX: TLRY), is a leading global lifestyle and consumer packaged goods company with operations in Canada, the United States, Europe, Australia, and Latin America that is leading as a transformative force at the nexus of cannabis, beverage, wellness, and entertainment, elevating lives through moments of connection. Tilray’s mission is to be a leading premium lifestyle company with a house of brands and innovative products that inspire joy and create memorable experiences. Tilray’s unprecedented platform supports over 40 brands in over 20 countries, including comprehensive cannabis offerings, hemp-based foods, and craft beverages.
For more information on how we are elevating lives through moments of connection, visit Tilray.com and follow @Tilray on all social platforms.
Forward-Looking Statements
Certain statements in this communication that are not historical facts constitute forward-looking information or forward-looking statements (together, “forward-looking statements”) under Canadian and U.S. securities laws and within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, that are intended to be subject to the “safe harbor” created by those sections and other applicable laws. Forward-looking statements can be identified by words such as “forecast,” “future,” “should,” “could,” “enable,” “potential,” “contemplate,” “believe,” “anticipate,” “estimate,” “plan,” “expect,” “intend,” “may,” “project,” “will,” “would” and the negative of these terms or similar expressions, although not all forward-looking statements contain these identifying words. Certain material factors, estimates, goals, projections, or assumptions were used in drawing the conclusions contained in the forward-looking statements throughout this communication. Forward-looking statements include statements regarding our intentions, beliefs, projections, outlook, analyses, or current expectations. Many factors could cause actual results, performance, or achievement to be materially different from any forward-looking statements, and other risks and uncertainties not presently known to the Company or that the Company deems immaterial could also cause actual results or events to differ materially from those expressed in the forward-looking statements contained herein. For a more detailed discussion of these risks and other factors, see the most recently filed annual information form of Tilray and the Annual Report on Form 10-K (and other periodic reports filed with the SEC) of Tilray made with the SEC and available on EDGAR. The forward-looking statements included in this communication are made as of the date of this communication and the Company does not undertake any obligation to publicly update such forward-looking statements to reflect new information, subsequent events, or otherwise unless required by applicable securities laws.
For further information, please contact
When Tilray (TLRY 2.73%) announced fiscal third-quarter 2026 earnings, it highlighted the most positive things it could. That is what you'd expect, and what any company would do. However, the 73% revenue growth in its international cannabis business should be taken with a grain of salt. Here's why there are good things happening at Tilray and why, at the same time, most investors will want to watch from the sidelines.
Tilray isn't for the faint of heart In the fiscal third quarter of 2026, Tilray generated $206.7 million in sales. That's a big number, but in the grand scheme of things, the company is still a small fry, with a market cap of roughly $600 million. Meanwhile, that 73% increase in international cannabis sales tallied up to just over $24 million. So, this business accounts for about 12% of the company's sales. Notable, but hardly the most important thing to consider.
Image source: Getty Images.
A far more important fact is that Tilray is losing money. And it has consistently lost money since going public. This is a high-risk stock that only the most aggressive investors should even consider. And even then, caution is warranted.
Tilray changes direction In fact, the really big story with Tilray isn't about one division or business line. It is the massive business overhaul that management is executing. When Tilray went public, it was a pure-play marijuana stock. That business approach didn't work out as well as planned, so the company has shifted gears. It has broadened its reach to include other products, notably alcohol, and now considers itself a "global lifestyle and consumer packaged goods company." The packaged goods are just pot and alcohol.
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From a big picture perspective, this isn't a bad plan. And there have been some successes, including the aforementioned strength in international cannabis sales. However, there have also been some weak spots, notably the beverage business' 24% sales decline in the quarter and a 20% decline in its U.S. operations. In other words, there are still a lot of moving parts, and you shouldn't get so enamored of the positives that you ignore the negatives.
Tilray is still a money-losing start-up When you step back and look at Tilray as a business, it remains a high-risk start-up suitable only for the most aggressive investors. The company appears to be working on an attractive business shift, but until it becomes sustainably profitable, most investors should probably watch it from afar. The strong results of a relatively small business division aren't enough to change the bigger story just yet.
Tilray Brands (TLRY 2.73%) is far from perfect, but the Canada-based cannabis company's fundamentals have improved recently. Tilray has been successful at both carving a path toward steady profits and strengthening its balance sheet.
While commendable, improved fundamentals alone won't get this pot stock back into hyperdrive. Rather, it is progress on U.S. cannabis rescheduling that will continue to move the needle for shares.
Image source: Getty Images.
Why better fundamentals alone won't cut it On April 1, when Tilray reported earnings for the third fiscal quarter of 2026 (ending Feb. 28), the company had much to celebrate. Even as overall net revenue and gross profit growth came in relatively modest, at 11% and 6%, respectively, Tilray reported strong results for its international cannabis business. This segment, consisting largely of Tilray's exports of medical-grade cannabis to Europe, reported 73% year-over-year sales growth last quarter. The company also reported a 19% year-over-year improvement in adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA), from $9 million to $10.7 million, and a significantly lower net loss of $25.2 million.
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Management also reiterated guidance for the fiscal year (ending June 30), forecasting an adjusted EBITDA range of $62 million to $72 million. Still, modest improvement isn't why the market values Tilray at around $630 million. The potential for Tilray to finally enter the U.S. remains the key factor.
Tilray's key catalyst remains elusive Despite the recent chatter about the possible reclassification of marijuana from a Schedule I drug (indicating a high risk of abuse) to Schedule III (lower-dependency drugs with some accepted medical use) in the U.S., the timeline for full-on legalization of marijuana in the remains cloudy. Companies like Tilray need this to leverage their cultivation capacity and sell into the U.S. market.
Tilray shares will likely temporarily rally again on any rescheduling and/or legalization news. Still, there are other marijuana stocks, such as shares in companies that operate on the state level in the U.S., that have catalysts beyond just legalization and rescheduling. They may offer greater, clearer upside at this time.
Thomas Niel has no position in any of the stocks mentioned. The Motley Fool recommends Tilray Brands. The Motley Fool has a disclosure policy.
The cannabis industry has been a disappointment. Although Wall Street had high hopes for marijuana stocks toward the end of the last decade, as legal and regulatory progress in the market made pot growers more attractive, almost every one of them has significantly underperformed broader equities in recent years. Tilray Brands (TLRY 2.73%), a leader in the industry, has been no exception: The company's shares have declined by more than 90% over the past five years. However, some investors hope that recent developments in the U.S. cannabis market could be a turning point for Tilray. Is now a good time to bet on the stock?
Image source: The Motley Fool.
A gift from the government Following an executive order signed by President Trump, products approved by the U.S. Food and Drug Administration that contain marijuana -- as well as medical cannabis products that are legal in certain states -- have been moved from Schedule I to Schedule III. Here's what that means. Under federal law, Schedule I substances are deemed the most addictive while having no recognized medical benefits. Products in the Schedule III category are considered less prone to abuse. This change will make it easier to research potential health-related benefits of marijuana, something that could move the needle for pot growers that operate in the U.S. Tilray is ready to take on this opportunity through its footprints in the U.S. market, where it offers a variety of CBD and hemp-based products, as well as a craft-brewing business.
We have seen this movie before It's worth noting that the recent rescheduling decision does not include recreational marijuana. However, there is a hearing on the books for next month to discuss whether other forms of cannabis should also be rescheduled. Even assuming the best-case scenario for Tilray, though, it is less than clear that this will be the major turning point many investors hope for. Rescheduling cannabis wouldn't make the substance legal at the federal level. So, significant barriers would remain.
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For instance, it would still be illegal to ship the substance across state lines. This restriction forces many cannabis companies to own and operate facilities to cultivate and process cannabis -- as well as to make various products derived from the substance -- in every state where they do business, instead of relying on one or a few such sites spread out in several states that ship products to every other one. This is an incredibly inefficient way to do business that pot growers are forced into, leading to significantly higher operating expenses than they would otherwise incur.
That's one of the reasons most cannabis companies in the U.S. are unprofitable. True, rescheduling will help medical cannabis companies in the country by allowing them to deduct normal business expenses (companies selling Schedule I or Schedule II drugs aren't allowed to do that), thereby lowering operating costs. But there are other problems. Just like it dealt with significant competition in Canada once recreational uses of cannabis were legalized in the country in 2018, Tilray might encounter the same issue here.
Even with the company's large portfolio of products and brands, it isn't clear that it has developed a competitive advantage that would allow it to emerge as one of the winners. And that would be the case even if federal legalization happens in the U.S. That might certainly open massive opportunities, but it would also attract far larger corporations with the financial means, brand recognition, and expertise in navigating industries with tough regulatory landscapes.
In fairness to Tilray, it has significantly diversified its lineup in recent years. It is now the fourth-largest craft brewer in the U.S. thanks to a series of acquisitions. That said, the company continues to generate inconsistent revenue growth. It also remains unprofitable.
TLRY Revenue (Annual) data by YCharts
Given Tilray's track record, its poor financial results, and the industry's uncertainty, it's hard to make a solid case that the company's long-term outlook is attractive. Investors shouldn't bother with this stock, even though it is trading just slightly above penny-stock territory.
ELLON, United Kingdom, May 27, 2026 (GLOBE NEWSWIRE) -- BrewDog, one of the U.K.’s leading and most recognizable craft beer brands, part of Tilray Brands, Inc. (NASDAQ: TLRY; TSX: TLRY), is launching one of its biggest-ever summer campaigns, transforming bars, retail and digital platforms across the U.K. into a high-energy celebration of international football, great beer and unforgettable match-day experiences.
Built around BrewDog’s challenger ethos, the new ‘Underdog’ summer campaign is a nationwide activation across grocery retail, BrewDog bars, e-commerce, on-trade partnerships and social media — all designed to position BrewDog as the craft beer to drink and the place to watch the game this summer.
At the center of the campaign is BrewDog’s nationwide “Win a Year of Beer” promotion, with more than 2.8million promotional packs landing across major U.K. retailers this summer. Fans who discover one of BrewDog’s special UNDERDOG cans hidden inside participating packs will win free beer for a year.
The promotion will appear across BrewDog Punk IPA, Hazy Jane New England IPA, Wingman Session IPA, Lost Lager and Cold Beer packs and will be supported by large-scale in-store displays, aisle fins, shelf barkers, digital media and national promotional activity throughout the tournament period.
But the campaign goes far beyond retail.
Throughout June and July, BrewDog bars across the U.K. will become destination venues for match-day watch parties, featuring giant screens, themed food specials, pre-booking incentives, giveaways, limited-edition merchandise and guest taps featuring craft beers from Tilray’s U.S. beer portfolio.
Fans visiting BrewDog bars during key match days can expect:
Match-day food specials and BrewDog’s iconic beer towersU.S. craft beer tap takeoversLimited-edition merch giveawaysInteractive “Rock. Paper. Score.” challenges with bartendersPersonalized experiences and fan activationsLarge-scale screenings and live in-bar entertainment Lauren Carrol, Chief Commercial Officer, BrewDog, said, “This summer is set to be one of the biggest moments in hospitality and retail, and BrewDog is going all in. We wanted to create something bigger than a traditional beer promotion — a campaign that brings together fans, bars, retailers and communities around shared moments, great beer and the energy of international football.”
She continued, “BrewDog has always been a challenger brand, so the ‘Underdog’ platform felt like the perfect fit. The ‘Win a Year of Beer’ giveaway gives consumers a fun reason to engage with the brand all summer long, while our bars, retail partners and digital platforms help turn every match into a bigger BrewDog moment.”
The campaign also includes:
Personalized and country-themed cans available on BrewDog.comMatch-day beer bundles onlineSocial-first reactive content tied to major tournament momentsNational paid media and CRM campaignsIn-bar games and experiential activationsConsumer giveaways including merchandise and home brewing kits BrewDog is also partnering with major retailers across the U.K. to secure significant in-store visibility throughout the summer period, including feature displays, pallet activations and event-based promotions designed to drive category excitement during one of the biggest seasonal occasions of the year.
The multi-channel campaign is expected to drive significant uplift across grocery, bars, e-commerce and on-trade channels throughout the summer period.
Promotional packs are available across major grocers and convenience retailers nationwide. Open to U.K. residents aged 18 and over. BrewDog encourages responsible consumption. Terms and conditions apply.
About BrewDog
BrewDog has always had one mission: making people as passionate about great beer as we are.
From iconic classics like Punk IPA, to crowd-pleasers like Lost Lager and Wingman, to boundary-pushing innovations like NanoDog, BrewDog has been brewing bold, distinctive beers since 2007.
Born in Scotland and built by a passionate community of beer lovers, BrewDog has grown into one of the world’s most recognizable craft beer brands, with a global presence spanning breweries, bars and distribution across multiple international markets.
BrewDog’s future will continue to be shaped by the three things that matter most: People, Planet and Beer.
For more information, visit www.brewdog.com or follow @BrewDog on social media.
About Tilray Brands
Tilray Brands, Inc. (“Tilray”) (Nasdaq: TLRY; TSX: TLRY), is a leading global lifestyle and consumer packaged goods company with operations in Canada, the United States, Europe, Australia and Latin America that is leading as a transformative force at the nexus of cannabis, beverage, wellness, and entertainment elevating lives through moments of connection. Tilray’s mission is to be a leading premium lifestyle company with a house of brands and innovative products that inspire joy and create memorable experiences. Tilray’s unprecedented platform supports over 40 brands in over 20 countries, including comprehensive cannabis offerings, hemp-based foods and craft beverages.
For more information on how we are elevating lives through moments of connection, visit Tilray.com and follow @Tilray on all social platforms.
Forward-Looking Statements
Certain statements in this communication that are not historical facts constitute forward-looking information or forward-looking statements (together, “forward-looking statements”) under Canadian and U.S. securities laws and within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, that are intended to be subject to the “safe harbor” created by those sections and other applicable laws. Forward-looking statements can be identified by words such as “forecast,” “future,” “should,” “could,” “enable,” “potential,” “contemplate,” “believe,” “anticipate,” “estimate,” “plan,” “expect,” “intend,” “may,” “project,” “will,” “would” and the negative of these terms or similar expressions, although not all forward-looking statements contain these identifying words. Certain material factors, estimates, goals, projections, or assumptions were used in drawing the conclusions contained in the forward-looking statements throughout this communication. Forward-looking statements include statements regarding our intentions, beliefs, projections, outlook, analyses, or current expectations. Many factors could cause actual results, performance, or achievement to be materially different from any forward-looking statements, and other risks and uncertainties not presently known to the Company or that the Company deems immaterial could also cause actual results or events to differ materially from those expressed in the forward-looking statements contained herein. For a more detailed discussion of these risks and other factors, see the most recently filed annual information form of Tilray and the Annual Report on Form 10-K (and other periodic reports filed with the SEC) of Tilray made with the SEC and available on EDGAR. The forward-looking statements included in this communication are made as of the date of this communication and the Company does not undertake any obligation to publicly update such forward-looking statements to reflect new information, subsequent events, or otherwise unless required by applicable securities laws.
Photos accompanying this announcement are available at:
https://www.globenewswire.com/NewsRoom/AttachmentNg/b5523175-9d1b-4d94-bacb-3fd7c1f46f42
https://www.globenewswire.com/NewsRoom/AttachmentNg/83b3cac2-d661-4972-af3f-330fcddc1959
Tilray Brands NASDAQ:TLRY stock price has plummeted this year, and is now hovering at its lowest level since July last year. It has plunged by 76% from its highest point last year, meaning that a $10,000 investment at its peak would be about $2,100 today.
Tilray Brands and other cannabis companies have come under intense pressure. While the cannabis industry is growing in key countries, the reality is that it has not become the vibrant sector that people were expecting after the famous Supreme Court ruling.
Recent studies estimate that the US market size for cannabis stands at over $30 billion, with its compounded annual growth rate (CAGR) being 4.5%. In the past, estimates were that it would have double digit growth rates over time.
Tilray shares jumped to $9.30 in April after the US made efforts to reclassify cannabis into a less dangerous drug. This happened after the industry spent millions of dollars lobbying and financing Trump’s campaign.
The reclassification would benefit Tilray Brands as it has expressed a desire to enter the market. Still, the proces will take time, including a lawsuit brought by prohibitionist organization and drug-testing groups. These lawsuits are the ones that derailed Joe Biden’s reclassification efforts.
Meanwhile, the company’s entry into the beverage industry is not going on as planned. A look at its financial reports shows that its revenue and margins have remained under pressure in the past few months.
The most recent results showed that its revenue dropped to $42.6 million in the last quarter from $56 million in the same period last year. Its gross margin also dropped to 32% from the previous 36%. It was the worst-performing division in its business in terms of revenue growth.
The company has also continued to lose money in the past few years. Its loss improved to $25.2 million in the quarter compared to a $793 million in the same period a year earlier. Still, it will take longer for the company to achieve stable profits.
These fears explain why investors have continued to short the stock. Data shows that its short interest has jumped to 16.4%, higher than other companies in the industry. This rising short interest is putting more pressure on its business.
Analysts expect that Tilray’s revenue will continue to grow in the near term. The average estimate is that its annual revenue will jump by 7.6% this year to $884 million, followed by $1.1 billion next year.
TLRY stock chart | Source: TradingView
The daily chart shows that the TLRY share price has crashed in the past few months. After peaking at $9.30 in April, it has plunged to $5.45 today. It has moved below the important support level at $5.96, its lowest level in April, confirming the bearish outlook.
The stock has remained below the 50-day and 100-day Exponential Moving Averages (EMA). Remaining below these averages is a sign that bears have prevailed today.
Tilray remains below the Ichimoku Cloud and the Supertrend indicator. Therefore, the most likely scenario is where it continues falling, potentially to the psychological level at $5. A move below that level will point to more downside towards $4.5.
However, it is worth noting that Tilray and other cannabis companies are often highly volatile when major news come out. As such, there is also a possibility that it will have a short squeeze.
TORONTO, May 28, 2026 (GLOBE NEWSWIRE) -- Tilray Brands, Inc. ("Tilray" or the "Company") (Nasdaq: TLRY; TSX: TLRY), a global lifestyle and consumer packaged goods company at the forefront of the cannabis, beverage, and wellness industries, today announced the launch of Cherry Ztripez, a new premium craft cannabis strain under its Broken Coast brand. Arriving just in time for summer, Cherry Ztripez expands the brand’s curated portfolio with a new indica‑dominant offering defined by small‑batch cultivation, meticulous finishing, and a consistent, high‑quality expression from harvest to shelf.
Summer brings a shift in pace, longer evenings, and more intentional moments of consumption. With Cherry Ztripez, Broken Coast leans into the season with a release that reflects its refined approach to craft cannabis, pairing thoughtful genetics with disciplined cultivation and a measured, detail‑driven process.
Blair MacNeil, President, Tilray Canada, stated, “Broken Coast has always been grounded in premium craft quality -from genetics and cultivation through to the final product experience. Cherry Ztripez builds on that foundation with a new strain that reflects the quality, consistency, and care consumers expect from the brand. As we move into the summer season, this launch allows us to further meet demand for premium, thoughtfully produced cannabis while continuing to strengthen Broken Coast’s position within the category.”
Cherry Ztripez is an indica-dominant strain derived from Lemon Cherry x Z Animal, cultivated in strain-specific, laboratory-grade rooms and produced using Broken Coast’s signature process. Each batch is hang-dried, cold-cured, carefully milled and hand-packaged, ensuring a consistent and high-quality expression from harvest to shelf.
Broken Coast Cherry Ztripez will be available through licensed cannabis retailers in Canada in 7g whole flower, with a 1 x 1g blunt format launching at the end of May, and additional pre‑roll formats expected later this summer.
The launch also builds on Broken Coast’s recently refreshed packaging, designed to improve transparency and elevate the in‑store experience while maintaining the brand’s premium, craft‑forward identity. Updates include refined glass jars, enhanced product visibility across larger formats, and the introduction of Grower’s Notes—providing insight into each strain’s lineage, cultivation approach, and defining characteristics.
Canadian cannabis products are produced and distributed by Aphria Inc., a licensed producer under the Cannabis Act.
About Tilray Brands
Tilray Brands, Inc. (“Tilray”) (Nasdaq: TLRY; TSX: TLRY), is a leading global lifestyle and consumer packaged goods company with operations in Canada, the United States, Europe, Australia, and Latin America that is leading as a transformative force at the nexus of cannabis, beverage, wellness, and entertainment, elevating lives through moments of connection. Tilray’s mission is to be a leading premium lifestyle company with a house of brands and innovative products that inspire joy and create memorable experiences. Tilray’s unprecedented platform supports over 40 brands in over 20 countries, including comprehensive cannabis offerings, hemp-based foods, and craft beverages.
For more information on how we are elevating lives through moments of connection, visit Tilray.com and follow @Tilray on all social platforms.
Forward-Looking Statements
Certain statements in this communication that are not historical facts constitute forward-looking information or forward-looking statements (together, “forward-looking statements”) under Canadian and U.S. securities laws and within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, that are intended to be subject to the “safe harbor” created by those sections and other applicable laws. Forward-looking statements can be identified by words such as “forecast,” “future,” “should,” “could,” “enable,” “potential,” “contemplate,” “believe,” “anticipate,” “estimate,” “plan,” “expect,” “intend,” “may,” “project,” “will,” “would” and the negative of these terms or similar expressions, although not all forward-looking statements contain these identifying words. Certain material factors, estimates, goals, projections, or assumptions were used in drawing the conclusions contained in the forward-looking statements throughout this communication. Forward-looking statements include statements regarding our intentions, beliefs, projections, outlook, analyses, or current expectations. Many factors could cause actual results, performance, or achievement to be materially different from any forward-looking statements, and other risks and uncertainties not presently known to the Company or that the Company deems immaterial could also cause actual results or events to differ materially from those expressed in the forward-looking statements contained herein. For a more detailed discussion of these risks and other factors, see the most recently filed annual information form of Tilray and the Annual Report on Form 10-K (and other periodic reports filed with the SEC) of Tilray made with the SEC and available on EDGAR. The forward-looking statements included in this communication are made as of the date of this communication and the Company does not undertake any obligation to publicly update such forward-looking statements to reflect new information, subsequent events, or otherwise unless required by applicable securities laws.
Photos accompanying this announcement are available at:
https://www.globenewswire.com/NewsRoom/AttachmentNg/3990d913-0873-413f-b4f4-f911b20f57fd
https://www.globenewswire.com/NewsRoom/AttachmentNg/e3ac8235-7076-4a10-a6ca-8d59cf223f6f
Top Canadian Cannabis Stocks to Watch Before June 2026 The Canadian cannabis sector continues showing signs of long-term potential heading into June 2026. Several companies are expanding globally while improving operational efficiency. In addition, many cannabis investors are watching for future developments in the United States’ reform. Those possible reforms could create new growth opportunities across the industry. However, volatility remains high in cannabis stocks. Because of this, traders should continue using technical analysis and proper risk management strategies. Strong balance sheets and improving revenue trends are becoming increasingly important for investors. Furthermore, companies with diversified operations may perform better during uncertain market conditions. Three Canadian cannabis companies continue attracting investor attention this month. These companies include TLRY, CGC, and VFF.
[Read More] Top Multi-State Marijuana Penny Stocks to Watch Right Now
3 Canadian Marijuana Stocks Investors Are Watching Heading Into June 2026 Tilray Brands Inc. (NASDAQ: TLRY) Canopy Growth Corporation (NASDAQ: CGC) Village Farms International Inc. (NASDAQ: VFF) Tilray Brands Inc. (TLRY) Tilray Brands remains one of the most recognized cannabis companies in Canada. The company operates across cannabis, beverage alcohol, and wellness markets. Additionally, Tilray maintains a large international presence throughout Europe and North America. Its strongest exposure in the United States comes through craft beer and beverage operations. Meanwhile, the company continues expanding medical cannabis distribution throughout Europe. Tilray does not currently operate U.S. THC dispensaries because federal legalization has not occurred. However, the company maintains strategic positioning for future American cannabis opportunities. Tilray’s Canadian operations include several cultivation and processing facilities across the country.
The company also owns multiple cannabis brands targeting different consumer categories. Furthermore, Tilray continues focusing on premium products and derivative cannabis items. Investors continue watching the company because of its international diversification strategy. Its broad operational structure provides exposure beyond traditional cannabis sales. In addition, Tilray continues to pursue partnerships and acquisitions to strengthen its market share. Many investors believe the company could benefit significantly from future federal reform in the United States. As a result, TLRY remains one of the most actively traded cannabis stocks entering June 2026.
Latest Financials Tilray recently reported quarterly financial results showing continued revenue diversification. Beverage alcohol sales remained an important contributor to the company’s overall performance. Meanwhile, cannabis revenue was under pressure from price competition across Canada. However, international medical cannabis sales continued showing gradual improvement. Gross margins also improved slightly compared to previous quarters. Additionally, management continued emphasizing cost reductions and operational efficiency initiatives. Tilray reported ongoing efforts to lower production expenses across several facilities. Cash preservation remains another important company objective during current market conditions.
Furthermore, management discussed future growth opportunities in Germany and other European markets. Tilray also continues to reduce debt while strengthening its financial flexibility. Although profitability challenges remain, investors continue to monitor operational progress carefully. Analysts remain focused on whether revenue growth can outpace industry pricing pressure. Still, Tilray’s diversified business model separates it from many cannabis competitors. The company’s beverage operations also provide additional revenue stability during cannabis market weakness. Consequently, many investors continue viewing TLRY as a long-term cannabis industry watchlist candidate.
[Read More] Cannabis REITs Gaining Momentum in 2026: 3 Stocks to Watch
Canopy Growth Corporation (CGC) Canopy Growth Corporation remains another major Canadian cannabis company that investors continue monitoring closely. The company operates recreational and medical cannabis businesses throughout Canada and international markets. Additionally, Canopy maintains strategic exposure to future United States cannabis opportunities. Its largest U.S. positioning comes through cannabis-related investment structures and partnerships. However, federal restrictions still prevent direct THC dispensary operations within the United States. Canopy currently does not operate American cannabis dispensaries. Nevertheless, investors continue to watch the company’s U.S. expansion potential closely.
The company owns several recognized cannabis brands across multiple product categories. These include dried flower, beverages, edibles, and vape products. Furthermore, Canopy continues to emphasize premium cannabis products and the development of the medical market. The company has also focused heavily on restructuring efforts during recent years. Management continues working to streamline operations and improve overall efficiency. In addition, Canopy remains one of the sector’s most widely recognized cannabis brands globally. Investors often view the company as a high-risk, high-reward cannabis opportunity. Strong market reactions frequently follow company updates and restructuring announcements. Therefore, CGC remains one of the most actively watched Canadian cannabis stocks before June 2026.
Latest Financials Canopy recently reported financial results reflecting ongoing restructuring progress and expense reductions. Revenue remained under pressure due to competitive conditions in the Canadian cannabis industry. However, management reported improvements in operational efficiency and cost controls. The company also reduced losses compared to prior reporting periods. Additionally, Canopy continued to focus on premium product categories with higher margins. International medical cannabis operations also provided some positive revenue contributions. Furthermore, management emphasized maintaining liquidity and strengthening the balance sheet.
Cost-cutting measures remained a central part of the company’s turnaround strategy. Investors also continue monitoring Canopy’s path toward sustainable profitability. Although challenges remain, management believes restructuring efforts are creating long-term stability. Canopy also continues evaluating strategic opportunities tied to future U.S. legalization developments. Analysts remain divided regarding the company’s long-term outlook. Nevertheless, many traders continue watching the stock because of its volatility and news sensitivity. Strong price swings often occur following cannabis reform headlines or earnings announcements. Consequently, CGC remains an important stock for cannabis investors to monitor closely before June 2026.
[Read More] 3 Marijuana Stocks For Better Investing In 2026
Village Farms International Inc. (VFF) Village Farms International operates a diversified agricultural and cannabis business model. The company originally built its reputation through greenhouse vegetable production. Later, Village Farms expanded aggressively into the cannabis industry. Today, the company operates cannabis cultivation facilities throughout Canada. Additionally, Village Farms owns the Pure Sunfarms cannabis brand. Pure Sunfarms remains one of Canada’s leading cannabis producers by volume. The company also maintains exposure to potential future opportunities in the United States cannabis market.
However, Village Farms currently does not operate U.S. THC dispensaries because of federal restrictions. Its strongest American presence comes through agricultural operations and CBD-related business activities. Furthermore, Village Farms continues to emphasize efficient, low-cost cannabis cultivation. This strategy has helped the company compete within Canada’s highly competitive cannabis market. Investors often view Village Farms as one of the sector’s more disciplined operators. Management also continues focusing on profitability and operational consistency. In addition, the company benefits from decades of expertise in large-scale greenhouse cultivation. As a result, VFF remains a closely watched cannabis stock entering June 2026.
Latest Financials Village Farms recently reported quarterly financial results showing continued operational improvement. Cannabis revenue remained supported by strong demand for Pure Sunfarms products across Canada. Additionally, management highlighted efforts to improve margins within the cannabis division. The company also continued emphasizing disciplined expense management and production efficiency. Gross profit improved compared to several prior reporting periods. Furthermore, Village Farms maintained a stronger balance sheet than many cannabis competitors. Management also discussed future expansion opportunities within international cannabis markets.
The company continues pursuing growth opportunities while avoiding excessive operational spending. Investors continue monitoring whether profitability trends can remain sustainable throughout 2026. Meanwhile, Village Farms benefits from diversified agricultural operations outside cannabis markets. This diversification may help reduce overall business volatility during difficult industry conditions. Analysts also continue monitoring the company’s ability to gain additional market share in Canada. Furthermore, many investors appreciate Village Farms’ focus on efficiency and disciplined execution. Although the risks in the cannabis sector remain elevated, VFF continues to attract investor attention. Consequently, the stock remains an important Canadian cannabis company to watch before June 2026.
In the latest trading session, Tilray Brands, Inc. (TLRY - Free Report) closed at $5.38, marking a -2% move from the previous day. The stock fell short of the S&P 500, which registered a gain of 0.13% for the day. On the other hand, the Dow registered a gain of 0.45%, and the technology-centric Nasdaq increased by 0.03%.
Shares of the company have depreciated by 6.95% over the course of the past month, underperforming the Medical sector's gain of 1.01%, and the S&P 500's gain of 5.25%.
The upcoming earnings release of Tilray Brands, Inc. will be of great interest to investors. The company is forecasted to report an EPS of -$0.01, showcasing a 105% downward movement from the corresponding quarter of the prior year. At the same time, our most recent consensus estimate is projecting a revenue of $268.17 million, reflecting a 19.43% rise from the equivalent quarter last year.
Regarding the entire year, the Zacks Consensus Estimates forecast earnings of -$0.58 per share and revenue of $885.3 million, indicating changes of -680% and +7.79%, respectively, compared to the previous year.
Investors might also notice recent changes to analyst estimates for Tilray Brands, Inc. These latest adjustments often mirror the shifting dynamics of short-term business patterns. Hence, positive alterations in estimates signify analyst optimism regarding the business and profitability.
Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system.
The Zacks Rank system, running from #1 (Strong Buy) to #5 (Strong Sell), holds an admirable track record of superior performance, independently audited, with #1 stocks contributing an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has remained steady. As of now, Tilray Brands, Inc. holds a Zacks Rank of #3 (Hold).
The Medical - Products industry is part of the Medical sector. At present, this industry carries a Zacks Industry Rank of 153, placing it within the bottom 38% of over 250 industries.
The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Ensure to harness Zacks.com to stay updated with all these stock-shifting metrics, among others, in the next trading sessions.
ATLANTA, June 03, 2026 (GLOBE NEWSWIRE) -- SweetWater Brewing Company (“SweetWater Brewing” or “SweetWater”), the leading craft beer brand in the Southeast by Tilray Brands, Inc. (NASDAQ: TLRY and TSX: TLRY), today unveiled an Atlanta-wide soccer celebration program for summer 2026, transforming the city into a fan destination through stadium activations, downtown experiences, exclusive collaborations, and high-energy watch parties at its iconic Atlanta Taproom.
As Atlanta prepares to welcome hundreds of thousands of visitors for one of the world’s premier international sporting events, including eight matches and a semifinal, SweetWater is bringing together local pride, craft beer culture, and the passion of the global game through a citywide platform designed to connect traveling supporters and hometown fans alike.
As the Official Craft Beer Partner of Atlanta United and Atlanta’s original hometown craft brewery, SweetWater has long been part of the city’s soccer culture. This summer, the brand is expanding that connection through a comprehensive celebration spanning Mercedes-Benz Stadium, downtown fan destinations, local partnerships, and Taproom watch parties designed to showcase the best of Atlanta to supporters from around the globe.
From the heart of downtown to Mercedes-Benz Stadium and SweetWater’s flagship brewery, the brand will activate across Atlanta all summer long with immersive fan experiences, limited-edition merchandise, special beer releases, giveaways, and match-day celebrations that capture the energy of the city and the excitement surrounding the global tournament.
Evan Woolard, Senior Brand Manager for SweetWater Brewing, said, “This summer, Atlanta becomes the center of the soccer world, and SweetWater is proud to help welcome fans from across the globe. As Atlanta’s hometown brewery and the Official Craft Beer Partner of Atlanta United, we’re creating experiences that bring fans together wherever they choose to celebrate the game - from Mercedes-Benz Stadium and downtown fan zones to our Taproom. This is more than a summer promotion; it’s a citywide celebration of sport, community, and the culture that makes Atlanta unique.”
Highlights of SweetWater’s Atlanta Soccer Celebration Program include:
Official Atlanta United watch parties at the SweetWater Taproom on June 17 and July 15, featuring exclusive fan experiences and the opportunity to win a pair of 2027 Atlanta United season tickets.
SweetWater activations at Mercedes-Benz Stadium throughout the summer, bringing Atlanta’s hometown craft beer directly to visiting supporters and local fans through branded experiences, product visibility, and fan engagement opportunities.
Stadium district activations featuring American Lager, Daytrip IPA, and other SweetWater favorites through select can and draft placements, sampling opportunities, and fan-focused experiences, including the brand-new COSM and the South Downtown (SoDo) Open Container Area.
Downtown Atlanta fan activations at high-traffic venues designed to engage visitors and showcase SweetWater’s hometown roots.
Limited-edition collaboration beers and merchandise with Atlantucky Brewing and the legendary hip hop group, Nappy Roots and STATs Brewing in Downtown Atlanta, celebrating Atlanta’s role on the global soccer stage.
SweetWater Taproom watch parties throughout June and July, transforming the brewery into Atlanta’s soccer headquarters with match viewings, special promotions, merchandise, giveaways, and fan programming. SweetWater Brewing is proud to be the Official Beer Partner of the Atlanta Chapter of the American Outlaws U.S. Soccer supporters group.
Fan-first experiences featuring giveaways, branded merchandise, enter-to-win opportunities, custom cups, surprise appearances, and interactive activations throughout the city. Anchoring the campaign is SweetWater’s “Official Beer of the World (Best Enjoyed in America)” creative platform, a playful concept celebrating the global spirit of the game through the lens of Atlanta’s hometown brewery.
Whether fans are arriving from around the world or cheering from their favorite neighborhood bar, SweetWater is bringing Atlanta together with great beer, unforgettable experiences, and a summer-long celebration worthy of the global spotlight. As Atlanta welcomes the world, SweetWater is proud to represent the city it has called home for more than 25 years, bringing together soccer, community, and craft beer through experiences that celebrate the passion of the game and the spirit of Atlanta.
For more information on SweetWater’s summer programming and upcoming events, visit SweetWater’s Atlanta Taproom, 195 Ottley Drive, Atlanta, GA, or follow SweetWater Brewing @sweetwaterbrew on Instagram or Facebook.
About SweetWater Brewing
SweetWater Brewing Company, the largest craft brewer in the southeast, is an award-winning brewery known for its stash of heady brews including the original 420 Extra Pale Ale and loads of IPAs. Sweetwater’s craft beers and ready-to-drink cocktails are available coast to coast and in more states than ever before. Inspired by the outdoors, SweetWater is a passionate advocate for healthy waterways and conservation initiatives. Through its annual Save Our Water campaign, SweetWater continues to raise funds to support nonprofit organizations fighting for clean water and habitat conservation, including the Waterkeeper Alliance, Bonefish & Tarpon Trust, and Trout Unlimited. SweetWater Brewery is a subsidiary of Tilray Brands, Inc. (Nasdaq: TLRY; TSX: TLRY), a leading global cannabis-lifestyle and consumer packaged goods company inspiring and empowering the worldwide community to live their very best life. For further information about SweetWater Brewing Company, please visit www.sweetwaterbrew.com and follow @SweetWaterBrew.
About Tilray Brands
Tilray Brands, Inc. (“Tilray”) (Nasdaq: TLRY; TSX: TLRY), is a leading global lifestyle and consumer packaged goods company with operations in Canada, the United States, Europe, Australia, and Latin America that is leading as a transformative force at the nexus of cannabis, beverage, wellness, and entertainment, elevating lives through moments of connection. Tilray’s mission is to be a leading premium lifestyle company with a house of brands and innovative products that inspire joy and create memorable experiences. Tilray’s unprecedented platform supports over 40 brands in over 20 countries, including comprehensive cannabis offerings, hemp-based foods, and craft beverages.
For more information on how we are elevating lives through moments of connection, visit Tilray.com and follow @Tilray on all social platforms.
Forward-Looking Statements
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